MALTA, N.Y. â GlobalFoundries is moving its headquarters from Silicon Valley to Saratoga County, the company announced Monday, as it positions itself for growth, strengthens partnerships with customers and recruits new talent.
CEO Tom Caulfield, along with Senate Majority Leader Chuck Schumer shared the news at a press conference on Monday at Fab 8, the companyâs most advanced semiconductor manufacturing facility.
âWe are enhancing our presence in upstate New York, and we are officially, as of today, relocating our headquarters to Saratoga County,â Caulfield said on Monday, noting that the move comes at Schumerâs urging, and with his support.