Globalfoundries 15min Chart Shows Bullish Marubozu, Bollinger Bands Expand Upward

According to the 15-minute chart of Globalfoundries, the Bollinger Bands are expanding upward, indicating a bullish trend driven by strong buying pressure. The recent bullish Marubozu at 05/27/2025 11:15 further reinforces the notion that buyers are in control of the market, and the momentum is likely to continue in a positive direction.

GlobalFoundries (GF) has partnered with A*STAR (Agency for Science, Technology and Research) to bolster its advanced packaging innovations, a critical area of focus for the semiconductor industry amid growing demand for AI and data-intensive applications. The collaboration aims to deliver compact, high-performance, and energy-efficient technology solutions, crucial for driving the industry's long-term growth.

Under the agreement, A*STAR will provide GF with access to its R&D facilities, capabilities, and technical support, while GF will supply critical equipment to A*STAR. This collaboration will accelerate GF's development and scaling of advanced packaging solutions, offering customers one-stop solutions for semiconductor chips from manufacturing to testing at GF's Singapore facility.

Gregg Bartlett, GF's Chief Technology Officer, noted, "Singapore's robust semiconductor ecosystem and strong R&D support make it an ideal location for developing and scaling essential innovations at the foundry level. This partnership aligns with our global advanced packaging roadmap and reinforces our commitment to delivering more energy-efficient essential chips, especially in the AI era."

The collaboration will also see skills enhancement initiatives implemented for GF employees, focusing on advanced packaging expertise. This will nurture the next generation of high technology talent and upskill the workforce in tandem with the industry's evolving needs.

Terence Gan, Executive Director at A*STAR Institute of Microelectronics, emphasized, "As Singapore strengthens its position in the global semiconductor supply chain, continued R&D collaboration between public research and industry is essential. We look forward to working closely with GlobalFoundries to accelerate innovation and talent development in advanced packaging technologies."

Tan Yew Kong, Senior Vice President and General Manager of GlobalFoundries Singapore, added, "Our partnership with A*STAR marks another milestone in growing local capabilities and talent. With growing demand for AI applications, we're excited to tap into A*STAR's expertise and infrastructure to fast-track new advanced packaging offerings and upskill our workforce."

This collaboration follows GF's earlier announcement in January 2025, where the company planned to create a new Advanced Packaging and Photonics Center in its New York manufacturing facility.

References:
[1] https://www.newelectronics.co.uk/content/news/globalfoundries-partners-with-astarstar-to-accelerate-advanced-packaging-innovation