The new CEO of GlobalFoundries Inc., Tim Breen, has announced that the company will be making a $16B investment into chip ...

This investment will expand the company's manufacturing and advanced packaging capabilities across its facilities in New York ...

The supplier of major tech firms said the move followed calls by President Donald Trump to increase domestic manufacturing.

GlobalFoundries shares gained Wednesday when it announced that it would invest more than $16 billion to increase its ...

US and Cayman Islands chipmaker GlobalFoundries (GF) has announced a $16bn investment to expand its semiconductor ...

GlobalFoundries (GFS) said on Wednesday it is working with the Trump administration to invest $16B in its two U.S. facilities ...

The Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and ...

Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies ...

GlobalFoundries entrance in Essex Junction, Vermont.

GlobalFoundries announces $16B investment to expand semiconductor manufacturing in NY and VT, driving AI technology ...

The company announced a $16 billion investment to build out semiconductor manufacturing at regional facilities.