Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to that she instructed ...
The previously leaked decision to award GlobalFoundries $1.5 billion in subsidies to manufacture chips in the US is now ...
President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.
China foundries match GF's scale Semiconductor maker GlobalFoundries, recently fined $500,000 for sanctions violations ...
The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding finalization of semiconductor manufacturing investments announced ...
It has been a little more than two years since the inception of the CHIPS and Science Act and the result will be a tripling ...
GlobalFoundries will receive $1.5 billion through the CHIPS and Science Act to expand its semiconductor manufacturing in ...
Money from the CHIPS and Science Act is officially coming to Upstate New York. GlobalFoundries’ $1.5 billion agreement with ...
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion ...
A final deal with GlobalFoundries will expand a chipmaking plant in Saratoga County, N.Y., and update a smaller plant in ...
The finalized award comes after a preliminary agreement announced in February and means that funds can begin flowing when ...