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GlobalFoundries is set to embark on the construction of a new fabrication facility in Malta, New York, aiming to introduce "high-value technologies currently unavailable in the US."

New yorkUnited statesMillion to boost microchip technology semiconductor productionNew york power authorityYork power authorityProgram officeInno floresTech timesGetty imagesSingapore fabGlobalfoundrie maltaNew york powerBiden adminCould makeAndroids moreBoost microchip technology