GlobalFoundries receives federal funding to expand and create new manufacturing fab in Malta : vimarsana.com

MALTA, N.Y. — GlobalFoundries is set to receive $1.5 billion in planned direct funding as part of the U.S. CHIPS and Science Act, the U.S. Department of Commerce announced Monday morning. Officials said this investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automotive, IoT, aerospace, defense, and other vital markets. New York-headquartered GF, celebrating its 15th year of operations, is the only U.S.-based pure-play foundry with a global manufacturing footprint including facilities in the U.S., Europe, and Singapore. GF is the first semiconductor pure-play foundry to receive a […]

Related Keywords

Vermont , United States , Hudson Valley Community College , New York , Malta , Saratoga County , Germany , Essex Junction , Singapore , America , American , Kathy Hochul , Gina Raimondo , Phil Barrett , Thomas Caulfield , Johnb King Jr , Roger Ramsammy , Us Paul Tonko , York Power Authority , Department Of Commerce , Us Senate Majority Leader Charles Schumer , University Of New York , Us Department Of Commerce , Workforce Development , Senate Majority Leader Chuck Schumer , Empire State Development Corporation , Science Act , Commerce Gina Raimondo , New York State Green , New York Power Authority , New York State , New York Capital Region , Majority Leader Charles Schumer , Capital Region , York State , County Board , Supervisors Chairman Phil Barrett , Global Foundries , Valley Community College President , New York Chancellor John , Majority Leader Chuck Schumer ,