GlobalFoundries invests $11.6B to expand semiconductor fab in Malta, New York
GlobalFoundries will invest more than $11.6 billion over 10 years to expand its existing Fab 8 site in Malta, New York, including building a new 358,000-square-foot semiconductor manufacturing facility. The project will create over 1,500 direct jobs and thousands of indirect jobs.
Capacity
tripling campus production capacity
Productssemiconductor chips
“GlobalFoundries will invest more than $11.6 billion over the next 10 years to expand its existing Fab 8 semiconductor manufacturing site in New York's Capital Region.”governor.ny.gov
- 4 sources
- governor.ny.govGovernor Hochul Celebrates GlobalFoundries’ $11.6 Billion Investment to Expand Semiconductor Manufacturing Plant in Saratoga County | Governor Kathy Hochul | New York StateFeb 19, 2024
- gf.comGlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing | GlobalFoundriesFeb 19, 2024
- investors.gf.comGlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing | GlobalFoundries Inc.Feb 19, 2024
- areadevelopment.comGlobalFoundries Expands Malta, New York, Operations - Area DevelopmentArea Development News DeskFeb 21, 2024
Summarized from public sources; check the original articles before acting on it.
ENDATA