# 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.

- Type: New facility
- Announced: 2021-07-19
- Where: Malta, New York, United States
- Value: $1.00B
- Status: announced
- Products: radio-frequency communications chips for 5G, chips for high-reliability manufacturing for automotive customers, specialized semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [reuters.com](https://www.reuters.com/technology/globalfoundries-build-new-factory-new-york-boost-output-chip-shortage-2021-07-19/), 2021-07-19: "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."
- [bizjournals.com](https://www.bizjournals.com/albany/news/2021/07/19/globalfoundries-upstate-ny-second-factory.html), 2021-07-19: "Chief executive Tom Caulfield also announced that GlobalFoundries is investing $1 billion to increase capacity at its current $15 billion manufacturing plant in Malta."

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