Semiconductor manufacturer GlobalFoundries will receive $1.5 billion in federal funding over the next 10 years to expand its operations in Malta and support projects in Vermont, creating thousands of jobs, according to an announcement by several federal officials.
GlobalFoundries, state and local officials Monday announced a huge expansion of the semiconductor manufacturer to the tune of thousands of jobs and billions of dollars in investment.
GlobalFoundries, state and local officials Monday announced a huge expansion of the semiconductor manufacturer to the tune of thousands of jobs and billions of dollars in investment.
The U.S. has stepped up its computer chip manufacturing efforts with a major funding announcement. A $1.5 billion grant is going towards the expansion of the GlobalFoundries chip factory in Malta.