Infosys Expands Multi-year Collaboration with GlobalFoundries to Drive AI Transformation of IT Operations
Bengaluru, India - June 23, 2026: Infosys, a global leader in AI-first business consulting and technology services, announced an expanded multi-year collaboration with GlobalFoundries (GF), a leading semiconductor manufacturer. The partnership is designed to deliver comprehensive AI-led managed services across GF's entire enterprise IT landscape.Through this engagement, Infosys will manage all of GF’s application, infrastructure, data, and service desk operations. GlobalFoundries selected Infosys based on its demonstrated track record as an incumbent technology provider and its specialized expertise within the semiconductor domain. The collaboration aims to elevate GF's IT operations by shifting from externally supported services to a fully managed model driven by AI, automation, and continuous optimization.
Infosys is committed to transforming GF's approach to service delivery, enabling the transition from reactive IT management to predictive and autonomous service provision.
Anand Swaminathan, EVP & Global Industry Leader for Communications, Media & Technology at Infosys, stated that their combined expertise will help GF achieve significant operational improvements. He emphasized that Infosys will unlock AI value at scale to drive intelligent operations, assisting GF in reducing incidents, improving end-user experiences, and achieving sustainable reductions in Total Cost of Ownership (TCO) over the long term.
Vishal Mehra, Chief Information Officer at GlobalFoundries, highlighted that the renewed collaboration represents a major advancement in GF’s effort to modernize IT operations. He added that collaborating with Infosys will equip their teams with next-generation capabilities to accelerate the digital transformation journey and advance the semiconductor manufacturer's commitment to greater reliability and value.
The expanded partnership reinforces Infosys' leadership in providing AI-led managed services for complex, missioncritical IT environments.
INFY Stock Price Movement
Shares of Infosys Limited today slipped by 3.42% to settle at ₹1029.3, plunging significantly from the previous close as trading concluded.The equity touched its 52-week low during the session, a dramatic decline that saw nearly 19.3 million shares traded in the post-market period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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