# GlobalFoundries plans $1B expansion and new fab in upstate New York

GlobalFoundries announced expansion plans for its Fab 8 facility in Malta, New York, including an immediate $1 billion investment to add 150,000 wafers per year capacity and plans to construct a new fab on the same campus that will double the site's capacity and create over 1,000 new direct jobs.

- Type: Expansion
- Announced: 2021-07-19
- Where: Malta, New York, United States
- Value: $1.00B
- Jobs: 1,000
- Status: announced
- Capacity: 150,000 wafers per year (immediate expansion); new fab will double site capacity
- Products: feature-rich semiconductor chips for automotive, 5G, IoT
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/globalfoundries-plans-to-build-new-fab-in-upstate-new-york-in-private-public-partnership-to-support-us-semiconductor-manufacturing-301336481.html), 2021-07-19: "GF will invest $1 billion to immediately add an additional 150,000 wafers per year within its existing fab to help address the global chip shortage."

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