GF to get US$1.5 billion funding in US chip manufacturing push

Digitimes
Feb 19, 2024, 9:10 pm303 ptsTop
The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry, this investment will enable GF to expand and develop new production capacity and capabilities to securely produce more…

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