GlobalFoundries Boosts Investment Plans to $16 Billion, With Research Focus By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Chip manufacturer GlobalFoundries said on Wednesday it ...

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 ...

US-based chipmaker GlobalFoundries is preparing a major expansion of its wafer fabrication facility in Dresden, Germany, which is currently the largest such plant in Europe. Citing a report from ...

GlobalFoundries will invest $16 billion to expand its semiconductor manufacturing capabilities in New York and Vermont. This investment aims to address the growing demand for semiconductors driven ...

MALTA, N.Y. (NEWS10) — GlobalFoundries will be investing $16 billion to expand its chip manufacturing operations throughout its New York and Vermont facilities, the company announced on ...

Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologiesMALTA, N.Y., June 04, 2025 ...

GlobalFoundries Inc, the biggest US-based provider of made-to-order chips, announced a plan to spend US$16 billion to bolster domestic production. The company is budgeting US$13 billion to expand ...

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 ...

GlobalFoundries on Wednesday announced it plans to invest $16 billion to expand its semiconductor manufacturing and advanced AI efforts across its facilities in New York and Vermont.

Last February, GlobalFoundries was awarded $1.5 billion in federal funding through the 2022 CHIPS and Science Act, $125 million of which went to the company’s Vermont plant.

GlobalFoundries Inc., the biggest US-based provider of made-to-order chips, announced a plan to spend US$16 billion to bolster domestic production.