GlobalFoundries (stylized as GLOBALFOUNDRIES) is a semiconductor foundry headquartered in Santa Clara, California, United States. GlobalFoundries was created by the divestiture of the manufacturing arm of Advanced Micro Devices (AMD) on March 2, 2009, expanded through the acquisition of Chartered Semiconductor on January 23, 2010, and further expanded through the acquisition of IBM Microelectronics on July 1, 2015. The Emirate of Abu Dhabi is the owner of the company through its subsidiary Advanced Technology Investment Company (ATIC). On March 4, 2012, AMD announced they divested their final 14% stake in the company, which concluded AMDs multi-year plan to divest its manufacturing arm. The firm manufactures integrated circuits in high volume mostly for semiconductor companies such as AMD, Broadcom, Qualcomm, and STMicroelectronics. It has five 200 mm wafer fabrication plants in Singapore, one 300 mm fabrication plant in each of Germany and Singapore, and three fabrication plants in the United States: one 200 mm fabrication plant in Vermont and two 300 mm fabrication plants in New York. Sanjay Jha is the Chief Executive Officer (CEO) of GlobalFoundries.