Citing a report from Handelsblatt, German media outlets and say GlobalFoundries aims to invest EUR1.1 billion (approx. US$1.26 billion) over the next several years to nearly double the fab's ...

MALTA — Semiconductor manufacturer GlobalFoundries will receive billions in state and federal funding over the next 10 years to expand its operations in Malta and support projects in Vermont ...

The Global Foundries Fab 8 building on Feb. 20, 2024, in Malta. A press conference was held at the site to formally announce a $1.5 billion award from the federal CHIPS and Science Law to build ...

GlobalFoundries’ new $3 billion investment will go towards upgrading its manufacturing facilities in New York and Vermont. The Vermont plant makes chips based on gallium nitride, or GaN, a silicon ...

MALTA, N.Y. — GlobalFoundries and the Department of Commerce officially finalized its CHIPS award of up to $1.5 billion in direct funding through the bipartisan CHIPS & Science Law spearheaded … ...

and upgrade a third fab in Burlington, Vermont. Commerce Secretary Gina Raimondo has called this a “once-in-a-generation investment.” Global Foundries has created 3,000 jobs and invested $15 ...

GlobalFoundries to expand New York fab — announces new $575 million advanced packaging and photonics ... and 3D/HI offerings,” says Global Foundries CEO and President Dr. Thomas Caulfield.

MALTA, N.Y. — GlobalFoundries and the Department of Commerce officially finalized its CHIPS award of up to $1.5 billion in direct funding through the bipartisan CHIPS & Science Law spearheaded … ...