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@ Layer3.news
2025-06-05 19:22:07
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
GLOBALFOUNDRIES COMMITS $16B TO EXPAND NEW YORK, VERMONT FACILITIES
https://s.yimg.com/ny/api/res/1.2/qLfI3f4Ga8yAb3HuhJ61dA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/manufacturing_dive_692/a6946c156e11df1b1b6a0d0e489bd8a8
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✍️ GlobalFoundries plans to invest an additional $3 billion to expand its semiconductor manufacturing and advanced packaging capabilities in Malta, New York, and Essex Junction, Vermont.
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👉 GlobalFoundries plans to invest an additional $3 billion in Malta, New York, and Essex Junction, Vermont
👉 The investment will focus on packaging innovation, silicon photonics, and new gallium nitride technologies
👉 The company aims to diversify its supply chain and reduce its reliance on foreign suppliers
👉 GlobalFoundries is collaborating with major companies to reshore production to the U.S. and diversify global supply chains
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#MarkReuss #ThomasCaulfield #TimBreen #Malta,NewYork #EssexJunction,Vermont #VermontGalliumNitrideTechHub #technology
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