Tag: usinvestments

US Backs GlobalFoundries' Semiconductor Growth with $1.5 Billion

The United States government has taken a significant step to enhance its semiconductor industry, providing GlobalFoundries with a $1.5 billion subsidy aimed at boosting chip production in Malta, New York, and Vermont. This initiative is part of a broader strategy to solidify the U.S.’s position in the global semiconductor supply chain, especially as demand surges […]

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