The announcement that semiconductor manufacturer GlobalFoundries will receive billions between state and federal funding over the next 10 years has been hailed by local, state and federal officials. Here are their reactions.
TROY, N.Y. Hudson Valley Community College (HVCC) has been awarded a large grant from the Offshore Wind Training Institute (OWTI) of the New York State Energy Research Development Authority (NYSERDA), for the purpose of increasing the pipeline of wind turbine service technicians. The grant from OWTI is for $313,275. The funding will be used […]
HVCC awarded grant for technician training saratogian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saratogian.com Daily Mail and Mail on Sunday newspapers.
$1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, adding secure capacity for essential chip manufacturing for automotive and other key markets Additional $600 million plus planned in New York State Green CHIPS and other State benefits over the 10-year term of the New York projects MALTA, N.Y. and ESSEX JUNCTION, Vt., Feb. 19, 2024 (GLOBE NEWSWIRE)
The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automotive, IoT, aerospace, defence, and other vital markets.