✉news TechnologySemiconductors first seen 4 d ago, last 5 h ago, peak #1
GlobalFoundries to Build Two US Chip Plants With $21 Billion Backing
Original: GlobalFoundries to Build Two Chip Plants With Up to $21 Billion Funding
GlobalFoundries has announced plans to build two new semiconductor fabrication plants, backed by up to $21 billion in combined funding. The investment is expected to expand American chip manufacturing capacity and strengthen domestic supply chains, with the company positioned among the largest beneficiaries of federal support for the semiconductor industry.
Why now: It is a major investment in US semiconductor manufacturing amid ongoing efforts to secure domestic chip supply.
Evidence
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