GlobalFoundries to build advanced packaging and photonics center in Saratoga County with $75M CHIPS funding

GlobalFoundries plans to invest approximately $575 million to build a new NY Advanced Packaging and Photonics Center in Saratoga County, New York, supported by an additional $75 million from the CHIPS and Science Act. The project is expected to create 100 new jobs.

“GlobalFoundries plans to build a first-of-its-kind advanced chip Packaging and Photonics Center right here in the Capital Region.”schumer.senate.gov

• 1 source
• schumer.senate.govSCHUMER SECURES ADDITIONAL $75 MILLION F... | Senator Chuck Schumer of New YorkJan 17, 2025

Summarized from public sources; check the original articles before acting on it.