GlobalFoundries to operate two new chip factories in Malta
Headline from NEWS10 ABC
GlobalFoundries (GF) announced Wednesday that it was selected to operate two new semiconductor facilities (fabs) in Malta. The expansion comes as part of a United States-Japan initiative providing up to $21 billion in funding.
NEWS10 ABC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
GlobalFoundries Inc. plans to build two new chip plants with the backing of as much as $21 billion from the Japanese government, part of an arrangement that also includes the US taking a 4% stake in the company.
Japan plans up to $21B for two GlobalFoundries chip fabs in Malta, N.Y., with the U.S. set to take about 4% more equity and lift its stake to roughly 7%.
Japan will fund the two facilities at GlobalFoundries' Malta, New York site; the U.S. Commerce Department will take a roughly 4% equity stake in the company
GlobalFoundries said a new U.S.-Japan initiative will bring up to $21 billion to expand semiconductor manufacturing at its Malta site. GlobalFoundries announced Oct. 14 that it was selected to serve as the technology provider and operator for two new semiconductor manufacturing facilities at its Mal…
Semiconductor contract manufacturing and design company GlobalFoundries Inc. says it plans to open two chip-making factories in Malta, New York, financed by an investment of up to $21 billion from Japan.
GlobalFoundries (GF) announced Wednesday that it was selected to operate two new semiconductor facilities (fabs) in Malta. The expansion comes as part of a United States-Japan initiative providing up to $21 billion in funding.
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GlobalFoundries to operate two new chip factories in Malta | Since Then
