GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing
February 20, 2024
February 20, 2024
MALTA, New York, Feb. 20 -- GlobalFoundries, a manufacturer of semiconductors, issued the following news release on Feb. 19, 2024:
MALTA, N.Y. and ESSEX JUNCTION, VT, -- The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automot . . .
MALTA, N.Y. and ESSEX JUNCTION, VT, -- The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automot . . .