GlobalFoundries and SEALSQ Partner to Develop Post-Quantum Cryptography Chips

Key Facts

Amid the global race to secure digital infrastructure against future cyber threats, SEALSQ and GlobalFoundries have signed an MoU to co-develop advanced semiconductor platforms. This collaboration focuses primarily on Post-Quantum Cryptography (PQC), which are hardware and software solutions designed to withstand the superior capabilities of quantum computers in breaking traditional encryption. The partnership aims to combine SEALSQ's security expertise with GlobalFoundries' leading manufacturing capabilities.

This move comes at a time when the semiconductor sector is seeing an increased shift toward quantum technologies, with giants like Intel and TSMC competing for leadership in this field. Per market data, demand for hardware-based cybersecurity solutions is growing significantly, with the quantum cryptography market expected to reach billions of dollars by the end of the decade. GlobalFoundries remains a key player in this transition, leveraging its position as one of the world's largest independent semiconductor foundries.

In terms of market performance, GFS stock stood at $68.91 (at close July 06, 2026), having traded between a day low of $68.27 and a high of $72.46. Tech investors are now looking toward upcoming economic catalysts, including the Services PMI data from China and Brazil scheduled for July 3, which will provide insights into the global industrial and technological activity momentum.