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, 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 … ...

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 ...

Semiconductor manufacturer GlobalFoundries will receive $1.5 billion in federal funding over the next 10 years to expand its operations in Malta and support projects in Vermont, creating thousands ...

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 ...

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 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 … ...