GlobalFoundries, RAAAM Memory Technologies Partner on Chip Memory Development

09:01 AM EDT, 09/02/2026 (MT Newswires) -- GlobalFoundries (GFS) said Wednesday that it has partnered with RAAAM Memory Technologies to develop and qualify a new on-chip memory technology. The companies successfully taped out a test chip using the new architecture on the semiconductor manufacturer's FDX platform, the company said. The co-designed memory component shrinks the required chip area by 40% and lowers power usage by up to 60% compared with standard options, GlobalFoundries said. The company also said partners plan to provide early design access to select clients early next year, and are currently assessing the potential benefits of the joint memory project.