--- title: "GlobalFoundries in the Spotlight After SEALSQ Pact on Post-Quantum Cryptography, Quantum Computing" type: "News" locale: "en" url: "https://longbridge.com/en/news/292077207.md" description: "GlobalFoundries announced a strategic MoU with SEALSQ to co-develop Post-Quantum Cryptography and quantum computing technologies. The partnership focuses on PQC security IP, cryogenic CMOS for quantum systems, and secure semiconductor production. Despite the announcement, GlobalFoundries shares are under selling pressure, trading down 1.99% at $64.53." datetime: "2026-07-08T13:19:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292077207.md) - [en](https://longbridge.com/en/news/292077207.md) - [zh-HK](https://longbridge.com/zh-HK/news/292077207.md) generator: "portal-rs" --- # GlobalFoundries in the Spotlight After SEALSQ Pact on Post-Quantum Cryptography, Quantum Computing **GlobalFoundries Inc.** (NASDAQ:GFS) shares are trending Wednesday after the company announced a strategic Memorandum of Understanding with **SEALSQ Corp** (NASDAQ:LAES) to co-develop Post-Quantum Cryptography and quantum computing technologies. - GlobalFoundries stock is under selling pressure. Why is GFS stock retreating? ## **The Partnership** Under the MoU, GlobalFoundries and SEALSQ will collaborate across three areas: developing pre-certified PQC security IP blocks and Chiplet Hardware Security Module components in partnership with MIPS, a GF company; advancing cryogenic CMOS for quantum computing through the design and development of cryoelectronic ASICs operating at ultra-low temperatures; and supporting European and U.S. sovereign supply chain priorities through trusted, traceable, and secure semiconductor production. The collaboration leverages GlobalFoundries’ process technology leadership and U.S. manufacturing capabilities alongside SEALSQ’s expertise in hardware-based certified security and PQC-ready silicon solutions. “This partnership is about building the foundation for the quantum era: trusted digital infrastructure secured by Post-Quantum Cryptography and the semiconductor technologies that will enable future quantum computing systems,” said **Nicholas Sergeant**, Vice President of Quantum Technology Solutions at GlobalFoundries. “Together, we are uniquely positioned to give customers and partners the technologies needed to secure and enable the quantum future.” **Read Also: Stock Market Today: S&P 500, Dow, Nasdaq Futures Fall as Trump Says Iran Ceasefire Is 'Over'— Saratoga, Exxon Mobil, Levi's Strauss In Focus (UPDATED)** ## GlobalFoundries Shares Slide **GFS Price Action:** At the time of publication, GlobalFoundries shares are trading 1.99% lower at $64.53, according to data from Benzinga Pro. *Image via Shutterstock* ### Related Stocks - [GFS.US](https://longbridge.com/en/quote/GFS.US.md) - [LAES.US](https://longbridge.com/en/quote/LAES.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [SEALSQ partners with Palm Technologies to integrate QS7001 post-quantum security into PalmPay products in India](https://longbridge.com/en/news/296229004.md) - [SEALSQ files initial beneficial ownership statement for Chief Quantum Officer Daniel Frederic Alexandre Brau](https://longbridge.com/en/news/296143060.md) - [1 quantum stock near 52-week lows with Nvidia partnership backing is poised to rebound](https://longbridge.com/en/news/296261508.md) - [2 New Under-the-Radar Quantum Stocks Catching Analysts' Attention](https://longbridge.com/en/news/296473235.md) - [Algorand: v5 Mainnet goes live - 22 Aug 2026](https://longbridge.com/en/news/296687546.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**