GlobalFoundries to build second factory in Malta, New York

GlobalFoundries announced it will build a second factory at its Fab 8 site in Malta, New York, and invest $1 billion to boost chip output to address the global chip shortage.

“Semiconductor manufacturer GlobalFoundries said on Monday it will build a second factory near its in Malta, New York, headquarters, and spend $1 billion to boost output to address the global chip shortage.”reuters.com

• 2 sources
• reuters.comGlobalFoundries to build New York factory, boost chip outputStephen NellisJul 19, 2021
• bizjournals.comGlobalFoundries confirms plan to build second factory in Saratoga CountyJul 19, 2021

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