GlobalFoundries to invest US$ 4 bil into Singapore expansion By GlobalFoundries plans to build a new fabrication plant in Singapore to meet the unprecedented global demand for chips. The new facility will be developed in partnership with the Singapore Economic Development Board and with co-investments from committed customers, the company said. The semiconductor chip crisis is showing no signs of ending. It has, if anything, been impacting supply chains in many industries for months. The upside of this catastrophe, however, is the stimulation of new ideas, technologies, and efforts to help speed up recovery from the shortage. The latest concerted effort between semiconductor manufacturer GlobalFoundries and Singapore is one for the books.