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GlobalFoundries Commits $16 Billion To US Chip Expansion As AI Drives Demand
benzinga.com/markets/tech/25/06/45774178/globalfoundries-commits-16-billion-to-us-chip-expansion-as-ai-drives-demand
GlobalFoundries Inc. (NASDAQ:GFS) plans to inject $16 billion into expanding its semiconductor manufacturing and packaging operations across New York and Vermont facilities.
What Happened: The company announced on Wednesday that it aims to boost domestic chipmaking.
The funding includes…
This story appeared on benzinga.com, 2025-06-04 15:13:36.