GlobalFoundries to Invest $1.4B in Expansion, Potential Earlier IPO
Anand Tech
MARCH 4, 2021
The money will be divided equally between GlobalFoundries' sites in Dresden, Malta (New York) and Singapore, according to Reuters. In addition to boosting its existing production facilities, GlobalFoundries is also looking forward building another fab adjacent to its Fab 8 located in Malta, New York. billion on expansion this year.
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