Making it in America is the new theme of the semiconductor industry as Global Foundries and the federal government agreed to a $1.5 billion chips award to become a global hub for semiconductor chips.

Global Foundries has created 3,000 jobs and invested $15 billion into the local economy over the last 15 years. The money will triple the capacity of GlobalFoundries, bringing 1,500 new ...

To his right is Global Foundries Fab 8 President and CEO Thomas Caulfield. GlobalFoundries is also seeking a $66.4 million tax refund through the CHIPS legislation. Jim Franco/Times Union ...

GlobalFoundries Inc. will invest $3 billion in its domestic network of chip manufacturing and packaging facilities.The investment, which was detailed today, comes in addition to the $13 billion th ...

MALTA, N.Y. — GlobalFoundries is set to receive $1.5 billion in planned direct funding as part of the U.S. CHIPS and Science Act, the U.S. Department of Commerce announced Monday morning.

GlobalFoundries has successfully obtained $1.5 billion in funding through the CHIPS Act for its expansion initiatives in the United States. They are planning to allocate this financial support ...