GlobalFoundries Joins the PHLX Semiconductor Sector Index (SOX)

MALTA, N.Y., Sept. 19, 2022 /PRNewswire/ -- GlobalFoundries (GF) (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, today announced that the company has been added to the PHLX Semiconductor Sector Index^SM (SOX^SM), effective Monday, September 19, 2022.

"We are proud to take our place on the Semiconductor Sector Index amongst other leading semiconductor companies," said David Reeder, CFO of GF. "Since our successful public listing on Nasdaq in October 2021, our growth strategy continues to drive a clear demand for, and confidence in, our differentiated solutions and company."

The PHLX Semiconductor Sector Index^SM (SOX^SM) is a modified market capitalization-weighted index composed of the 30 largest eligible semiconductor companies listed in the U.S., ranked by market capitalization. For a complete listing of companies view the PHLX Semiconductor Sector Index.

GlobalFoundries, Inc. (GF) is one of the world's leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.

This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless require by law. 

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SOURCE GlobalFoundries (GF)