(Bloomberg) The US plans to award $1.5 billion to GlobalFoundries Inc., the largest domestic maker of made-to-order semiconductors, as part of the Biden administration’s effort to strengthen the nation’s chip production.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Moon in Historic Feat for Private SpacecraftChina’s Central Bank
US to Award $1 5 Billion to GlobalFoundries in Chips Act Grant bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.