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N.Y. Gov. Hochul Celebrates GlobalFoundries' $11.6B Investment to Expand Semiconductor Manufacturing Plant in Saratoga County
February 21, 2024
ALBANY, New York, Feb. 21 -- Gov. Kathy Hochul, D-New York, issued the following news release on Feb. 19, 2024:

Governor Kathy Hochul today announced that Saratoga County-based GlobalFoundries will invest more than $11.6 billion over the next 10 years to expand its existing Fab 8 semiconductor manufacturing site in New York's Capital Region. The transformative investment will allow the company to immediately expand its existing facility and then build a new, 358,000 square-foot semi . . .

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