GlobalFoundries invests $16 billion in semiconductor manufacturing in New York and Vermont

News
Investments
ATI News Team

The investment enhances chip production capabilities amid rising AI demand, supported by collaborations with tech giants and the US government

In a press release on June 4, GlobalFoundries (GF) announced a strategic plan to invest $16 billion to enhance its semiconductor manufacturing and advanced packaging capabilities in New York, US, and Vermont, US.

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