# GlobalFoundries expands Fab 8 and plans new fab in New York

GlobalFoundries announced a $1 billion investment to add 150,000 wafers per year at its existing Fab 8 facility in upstate New York, and plans to construct a new fab on the same campus that will double capacity and create over 1,000 new jobs.

- Type: Expansion
- Announced: 2023-05-08
- Where: upstate New York, United States
- Value: $1.00B
- Jobs: 1,000
- Status: announced
- Capacity: 150,000 wafers per year (immediate expansion)
- Products: semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [silicon-saxony.de](https://silicon-saxony.de/en/globalfoundries-construction-of-a-new-factory-in-the-usa-saxony-site-also-to-be-expanded/), 2023-05-08: "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.