GlobalFoundries Inc. is the world's second largest independent semiconductor foundry, with its headquarters located in Milpitas, California. GlobalFoundries was created by the divestiture of the manufacturing side of AMD on March 2, 2009, and was expanded through its merger with Chartered Semiconductor on January 13, 2010. The Emirate of Abu Dhabi is the largest investor in the company via its subsidiary ATIC. On March 4, 2012, AMD has announced that they have divested their final 14% stake in the company, which concludes AMD's multi-year plan to divest its manufacturing arm .

GlobalFoundries manufactures integrated circuits in high volume mostly for semiconductor companies such as AMD, Broadcom, Qualcomm, and STMicroelectronics.

The company has five 200mm fabrication plants in Singapore, and two 300 mm fabrication plants each in Germany and Singapore, as well as a new 300mm fabrication plant under construction in Saratoga County, New York in the United States.

GlobalFoundries services the manufacturing needs of its customers through its high volume foundry services. It currently owns eight fabrication plants. Fab 1 is in Dresden, Germany. Fabs 2 through 7 are in Singapore, and a new plant, Fab 8, will be operational in the United States in 2012. These sites are supported by a global network of R&D, design enablement, and customer support in Singapore, China, Taiwan, Japan, the United States, Germany, and the United Kingdom.