GLOBALFOUNDRIES To Host Inaugural
Global Technology Conference

Sunnyvale, Calif. - July 21, 2010 - GLOBALFOUNDRIES today announced plans for the first annual Global Technology Conference (GTC) to be held Wednesday, September 1 at the Santa Clara Convention Center in the heart of California's Silicon Valley. GTC 2010 will be a daylong event featuring presentations from design and technology leaders in the semiconductor industry. GTC 2010 will see participation from GLOBALFOUNDRIES' customers, partners, and suppliers, as well as members of the media and analyst community.

"When we launched GLOBALFOUNDRIES just over a year ago, we set out to fundamentally alter the landscape of semiconductor manufacturing and revive competition at the leading edge," said Jim Kupec, senior vice president of sales and marketing at GLOBALFOUNDRIES. "We have made tremendous progress toward this goal over the course of that time and we want to share our innovation and enthusiasm with customers and partners from across the industry and around the globe. GTC 2010 will offer a forum to communicate and demonstrate how we plan to achieve and deliver sustainable leadership and growth as we bring a differentiated model to the foundry industry."

The event will feature keynotes from industry leaders and presentations from senior members of the GLOBALFOUNDRIES management and technical teams, with a special emphasis on how the company achieves time-to-volume leadership by leveraging global collaboration with customers and partners. GTC 2010 also will include parallel track sessions on a variety of topics and a GLOBALSOLUTIONS pavilion showcasing members of the company's extensive partner ecosystem offering differentiated solutions in design enablement, mask preparation, assembly and test.

GTC 2010 is expected to draw more than 1,500 people from around the world, including broad participation from key customers, suppliers, partners, industry analysts and media as well as the GLOBALFOUNDRIES leadership team. The event also will kick off a series of GTC 2010 "Road Show" events to be held at strategic international venues including China, Taiwan, Japan and Europe.

More details on GTC 2010 will be announced in the coming weeks. Please visit the following Web site for regular updates on the agenda, keynotes, exhibitions, demos and other features of the event: http://www.globalfoundries.com/gtc2010/.

ABOUT GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world's first full-service semiconductor foundry with a truly global manufacturing and technology footprint. Launched in March 2009 through a partnership between AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC), GLOBALFOUNDRIES provides a unique combination of advanced technology, manufacturing excellence and global operations. With the integration of Chartered in January 2010, GLOBALFOUNDRIES significantly expanded its capacity and ability to provide best-in-class foundry services from mainstream to the leading edge. GLOBALFOUNDRIES is headquartered in Silicon Valley with manufacturing operations in Singapore, Germany, and a new leading-edge fab under construction in Saratoga County, New York. These sites are supported by a global network of R&D, design enablement, and customer support in Singapore, China, Taiwan, Japan, the United States, Germany, and the United Kingdom.

For more information on GLOBALFOUNDRIES, visit http://www.globalfoundries.com.

CAUTIONARY STATEMENT

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and include, without limitation, statements regarding the company's current expectations, assumptions, assessments, anticipations, objectives, plans, hopes, beliefs, intentions or strategies regarding the future. These forward-looking statements therefore are subject to risks and uncertainties which could cause actual results to differ materially. Some factors which contribute to these risks and uncertainties include the economic conditions both in the United States and around the world; the difficulties in developing new customers; the demand and supply outlook in the overall semiconductor / foundry industry; the sourcing strategy of potential customer base; competitor actions; the success of company technology alliances; construction progress on additional manufacturing facilities as well as associated governmental processes; the availability of components and equipment; labor and employment issues at manufacturing facilities; the progression of advances in technology and processes; and unforeseen events. The company has no duty to update any forward-looking statements in this release based on new information or events.