GlobalFoundries to Receive $1.5 Billion In Funding from U.S. CHIPS Act
Anand Tech
FEBRUARY 20, 2024
The United States Department of Commerce and GlobalFoundires announced on Monday that the US will be awarding GlobalFoundries with $1.5 First up, the company plans to expand its Fab 8 in Malta, NY, and enable it to build chips for automotive industry on technologies already adopted by its sites in Germany and Singapore.
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