GlobalFoundries and U.S. Department of Commerce Announce Award Agreement on CHIPS Act Funding for Essential Chip Manufacturing
November 21, 2024
November 21, 2024
SANTA CLARA, California, Nov. 21 -- GlobalFoundries, a manufacturer of semiconductors, issued the following news release:
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Up to $1.5 billion from CHIPS and Science Act to support GF's New York expansion plans and Vermont facility modernization
Additional $550 million from New York State confirmed
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MALTA, NY, November 20, 2024 -- GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Commerce have announced an . . .
* * *
Up to $1.5 billion from CHIPS and Science Act to support GF's New York expansion plans and Vermont facility modernization
Additional $550 million from New York State confirmed
* * *
MALTA, NY, November 20, 2024 -- GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Commerce have announced an . . .