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Feb 19, 2024 · U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries. The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding...
Oct 1, 2023 · GlobalFoundries is known for making “specialty chips” in big, exclusive deals, like one with Lockheed Martin in June for onshoring production of certain chips, and a recent $3 billion ...
Feb 19, 2024 · $1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, adding secure capacity for essential chip manufacturing for automotive and other key markets
Feb 19, 2024 · MALTA, N.Y. and ESSEX JUNCTION, Vt., Feb. 19, 2024 (GLOBE NEWSWIRE) -- The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF ...
Jul 15, 2021 · A deal for chip maker GlobalFoundries would be Intel’s largest acquisition. It comes as Intel is launching a major push to become a chip manufacturer for other companies.
GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process ...
Feb 19, 2024 · The Biden administration said Monday, Feb. 19, 2024, that the government would provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.
