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Senate Majority Leader Charles Schumer led a group of officials gathered at the Malta headquarters of GlobalFoundries Tuesday to tout the announcement of billions in funding between state, federal and company investment.
The U.S. has stepped up its computer chip manufacturing efforts with a major funding announcement. A $1.5 billion grant is going towards the expansion of the GlobalFoundries chip factory in Malta.
Arizona’s strength in semiconductors helped it court TSMC, but the deal could not have happened without federal spending resulting from resurgent industrial policy.
One month after hosting a round table in Missoula, Sen. Jon Tester this week urged the Biden administration to consider placing a new technology hub in Montana.
A panel of Montana university officials and tech gurus gathered to discuss the challenges and opportunities that face the state as it looks to compete for funding as a new technology hub.