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GlobalFoundries to add third chip plant in Malta
GlobalFoundries plans to build a third chip fabrication plant at its campus in Malta, New York. The expansion would increase the company's semiconductor manufacturing capacity in the United States, though details on timing, cost, and hiring have not been announced. The news is drawing attention in the region and the chip industry amid ongoing US efforts to boost domestic chip production.
Why now: New major semiconductor manufacturing investment announced amid US push for domestic chip production.
Evidence
- GlobalFoundries to add third chip plant in Malta · Times Union
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