✉news TechnologySemiconductors first seen 30 d ago, last 25 d ago, peak #1

GlobalFoundries to Build Two US Chip Plants With $21 Billion Funding

Original: GlobalFoundries to Build Two Chip Plants With Up to $21 Billion Funding

GlobalFoundries plans to build two new semiconductor manufacturing plants backed by up to $21 billion in funding, according to a Wall Street Journal report. The investment would expand US chip production capacity at a time when Washington is pushing to bring advanced semiconductor manufacturing onshore and reduce reliance on Asian supply chains.

Why now: The scale of investment and its implications for US semiconductor supply chains make it major news.

GlobalFoundriesWall Street JournalUnited Statessemiconductor industry

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Evidence

• GlobalFoundries to Build Two Chip Plants With Up to $21 Billion Funding · WSJ

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