GlobalFoundries announces $16B investment to expand US chip manufacturing

GlobalFoundries announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging capabilities across its facilities in New York and Vermont, supported by Apple, SpaceX, AMD, Qualcomm, NXP and GM.

“GlobalFoundries (Nasdaq: GFS) (GF), working with the Trump Administration and with support from leading technology companies aiming to onshore critical components of their supply chain, today announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging capab”gf.com

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• gf.comGlobalFoundries Announces $16B U.S. Investment to ...Jun 4, 2025

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