IBM earnings shed little light on Vermont plant
IBM beat revenue estimates in the second quarter, the company announced Thursday. But talk of the tech giant divesting its manufacturing wing was noticeably absent from the quarterly conference call...
View ArticleIBM offered to pay GlobalFoundries to take chip division, Bloomberg reports
Talks between IBM and GlobalFoundries over Big Blue’s fabrication operations broke down because IBM was not willing to pay the potential buyer enough to take the under-performing unit, Bloomberg news...
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GlobalFoundries to keep IBM plant in Essex going
Gov. Peter Shumlin holds up a cellphone to emphasize the viability of the semiconductor manufacturing business that takes place in Essex Junction. IBM announced Monday it would sell the division to...
View ArticleIBM earnings shed little light on Vermont plant
IBM beat revenue estimates in the second quarter, the company announced Thursday. But talk of the tech giant divesting its manufacturing wing was noticeably absent from the quarterly conference call...
View ArticleIBM offered to pay GlobalFoundries to take chip division, Bloomberg reports
Talks between IBM and GlobalFoundries over Big Blue’s fabrication operations broke down because IBM was not willing to pay the potential buyer enough to take the under-performing unit, Bloomberg news...
View ArticleClik here to view.
GlobalFoundries to keep IBM plant in Essex going
Gov. Peter Shumlin holds up a cellphone to emphasize the viability of the semiconductor manufacturing business that takes place in Essex Junction. IBM announced Monday it would sell the division to...
View ArticleClik here to view.
Sanders pitches ‘strings’ to $50 billion semiconductor subsidies
Sen. Bernie Sanders speaks during a rally in Durham, New Hampshire, in this 2020 file photo. Photo by Anna Watts for VTDigger Updated at 10:53 p.m. Sen. Bernie Sanders, I-Vt., wants to attach strings...
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GlobalFoundries secures $30 million in federal funding to develop advanced...
U.S. Sen. Patrick Leahy left, reacts as Global Foundries President and CEO Thomas Caulfield announces a welcoming arch at the company's plant in Essex Junction will be named for Leahy on Monday, Oct....
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GlobalFoundries cuts costs in anticipation of declining demand for...
GlobalFoundries, which owns a large plant in Essex Junction, says it is paying close attention to uncertain economic conditions. File photo by Glenn Russell/VTDigger GlobalFoundries, the semiconductor...
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GlobalFoundries layoffs to hit 148 Vermont employees, company tells state
GlobalFoundries' offices in Essex Junction. File photo by Mike Dougherty/VTDigger Updated Wednesday, Dec. 21, at 1:35 p.m. GlobalFoundries, the semiconductor giant with a plant in Essex Junction, has...
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