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STMicroelectronics and GlobalFoundries signed an MoU to build a jointly-operated 300mm semiconductor fab in Crolles, France, targeting full capacity of 620,000 wafers per year by 2026.
“At full build out this will expand our capacity for more than 1m wafers per year across Crolles and Dresden.”eenewseurope.com
Summarized from public sources; check the original articles before acting on it.