GF Targets $1 Billion Silicon Photonics Revenue with AMF Acquisition
PositiveArtificial Intelligence

- GlobalFoundries has acquired AMF to enhance its position in the silicon photonics sector, aiming for $1 billion in revenue. This acquisition signifies a strategic move to integrate advanced optical technologies with silicon manufacturing, which is crucial for improving data transmission and processing speeds in various applications.
- This development is significant as it positions GlobalFoundries as a top contender in the silicon photonics market, which is expected to grow rapidly. By leveraging AMF's expertise, the company can better meet the increasing demand for high
— via World Pulse Now AI Editorial System

