CHIPS Act Support For GlobalFoundries Will Strengthen Key Domestic Capabilities
GFSGLOBALFOUNDRIES(GFS) Forbes·2024-02-20 00:15

GlobalFoundries Fab 9 in Essex Junction, VermontGlobalFoundriesThe announcement of a preliminary memorandum to provide approximately $1.5 billion in direct funding under the CHIPS and Science Act to GlobalFoundries (GF) signals an investment in critical domestic capabilities around mixed signal and analog technology, a branch of the semiconductor industry that gets far less attention than it deserves. While the majority of the funding will contribute towards the expansion of GF’s facilities in Malta, NY, so ...