# GlobalFoundries plans €1.1B expansion of Dresden chip plant

GlobalFoundries announced plans to invest €1.1 billion to expand manufacturing capabilities at its Dresden, Germany site, increasing production capacity to over one million wafers per year by the end of 2028.

- Type: Expansion
- Announced: 2019-03-06
- Where: Dresden, Germany, Germany
- Value: $1.19B (1.10B EUR)
- Starts operating: 2028
- Status: announced
- Capacity: more than one million wafers per year
- Products: semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/gnwcq-2025-10-28-globalfoundries-plans-billion-euro-investment-to-expand-chip-manufacturing-in-germany), 2019-03-06: "GlobalFoundries (NASDAQ: GFS) (GF) today announced plans to invest €1.1 billion to expand its manufacturing capabilities at its Dresden, Germany site."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.