Schumer, a Democrat from Brooklyn, helped to author the $52 billion CHIPS and Science Act of 2022 that provided GlobalFoundries and other chipmakers with billions of dollars in federal grants to ...

The new CEO of GlobalFoundries Inc., Tim Breen, has announced that the company will be making a $16B investment into chip manufacturing within the U.S. Apple Inc., Qualcomm Inc., and General ...

SAN FRANCISCO, June 4 (Reuters) - Chip manufacturer GlobalFoundries (GFS.O) said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to ...

GlobalFoundries is increasing investment in the US by $3 billion over the next decade to a total of $16 billion. The investment will be used to expand manufacturing and packaging facilities in the ...

GlobalFoundries will host a conference call on August 5, 2025, to discuss Q2 financial results. Quiver AI Summary GlobalFoundries announced that it will hold a conference call on August 5, 2025 ...

GlobalFoundries plans to spend more than $16 billion to increase chip production in the U.S. The supplier of major tech firms said the move followed calls by President Donald Trump to increase ...

SAN FRANCISCO (Reuters) -Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and ...