GlobalFoundries and Renesas Expand Partnership to Accelerate U.S. Semiconductor Manufacturing

GlobalFoundries (Nasdaq: GFS) (GF) and Renesas Electronics Corporation (TSE: 6723) (Renesas) today announced an expanded strategic collaboration through a multi‑billion-dollar manufacturing partnership that broadens Renesas' access to GF technologies including its differentiated technology platforms. This agreement reflects a shared commitment to secure, resilient supply chains and aligns with U.S. priorities to strengthen domestic semiconductor production for economic and national security.

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As vehicles become more intelligent and electrified, and factories more automated, the chips inside them are doing far more than basic processing. They enable radar for advanced driver assistance, manage battery systems in electric vehicles and power for secure connectivity for industrial IoT. Reliable semiconductor supply is mission-critical for these applications, and GF’s globally distributed manufacturing footprint—spanning the U.S., Europe and Asia—provides customers with flexibility and supply assurance to meet these challenges.

Under this partnership, Renesas will gain further access to GF’s technology portfolio, including FDX (FD-SOI), BCD and feature-rich CMOS technologies with non-volatile memory features to support its SoCs, power devices and MCUs. Tape-outs under this expanded collaboration are on track to begin in mid-2026.

This expanded partnership, starting with manufacturing in the U.S. and extending to facilities across GF’s global footprint, including in Germany and Singapore, as well as through GF’s manufacturing partnership in China, will help Renesas address the growing demand and requirements of customers developing increasingly advanced systems and products. Renesas and GF are also considering the option of porting select GF process technologies into Renesas’ inhouse fabs in Japan to further enhance manufacturing resilience and support future capacity needs.

“This partnership strengthens a proven relationship and underscores GF’s role as a trusted partner for essential semiconductor technologies,” said Tim Breen, CEO of GlobalFoundries. “The automotive landscape is changing fast. Semiconductors are now the foundation of innovation, powering advanced driver assistance, battery management and secure connectivity. These systems demand performance and efficiency under extreme conditions, and GF’s differentiated platforms are built for that. We’re focused on delivering what matters most: reliable supply and the technologies that enable the vehicles of tomorrow.”