GlobalFoundries Invests $16B to Reshore Chipmaking and Boost AI Growth


GlobalFoundries Invests $16B to Reshore Chipmaking and Boost AI Growth

📅 - GlobalFoundries (GF), one of the world's leading semiconductor manufacturers, has announced a $16 billion investment plan to significantly expand its manufacturing and advanced packaging capabilities in the United States. The expansion will focus on the company's key facilities in New York and Vermont, furthering its role as a central player in reshoring critical technologie infrastructure amid escalating global demand for high-performance chips.

The move aligns with a broader U.S. strategy to secure and localize the semiconductor supply chain, long seen as a vulnerability due to heavy dependence on overseas production. GF's investment is not only a response to this geopolitical [...][... Check source for end of article ...]
Tags: AI

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