GlobalFoundries confirms $1.5 billion award from the US Chips and Science Act
The previously leaked decision to award GlobalFoundries $1.5 billion in subsidies to manufacture chips in the US is now official. The company has announced an agreement
GlobalFoundries awarded $1.5bn subsidy
The investment includes a new New York facility, expansion and modernisation of an existing one, and Vermont operations upgrades.
GlobalFoundries Wins $1.5B for Semiconductor Facilities
Learn about the latest Department of Commerce CHIPS for America investment valued at $1.5 billion and awarded to GlobalFoundries.
GlobalFoundries’ $1.5B CHIPS award finalized
GlobalFoundries and the Department of Commerce officially finalized its CHIPS award of up to $1.5 billion in direct funding through the bipartisan CHIPS & Science Law spearheaded
GlobalFoundries finalizes $1.5 billion in CHIPS Act funding
GlobalFoundrieswill receive up to $1.5 billion in federal funding through the CHIPS and Science Act to upgrade existing plants and build a second factory at its Saratoga County campus, the Biden administration announced Wednesday.
GlobalFoundries secures $1.5B federal grant for chip manufacturing
GlobalFoundries will receive $1.5 billion through the CHIPS and Science Act to expand its semiconductor manufacturing in Malta, New York. The investment will fund a new fabrication facility and enhancements to the existing site, creating an estimated 9,000 construction jobs and 1,000 permanent manufacturing positions.
GlobalFoundries gets $1.5 billion award from CHIPS Act for essential chip manufacturing
Vermont Business Magazine GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Commerce have announced an award of up to $1.5 billion in direct funding to GF through the CHIPS and Science Act.
GlobalFoundries Cements Chips Act Deal for $1.5 Billion Grant
The Biden administration has finalized Chips Act incentives for GlobalFoundries Inc., awarding the chipmaker $1.5 billion in grants to support US factories as part of a broader semiconductor push.
US Finalizes $1.5 Bn Chips Award To GlobalFoundries
The US government said Wednesday it has finalized a grant with chipmaker GlobalFoundries to support its semiconductor manufacturing investments, as President Joe Biden works to secure parts of his legacy before Donald Trump's White House return.
U.S. finalizes $1.5B Chips Act award for GlobalFoundries to boost local manufacturing
The Biden administration has finalized up to $1.5B in direct funding for GlobalFoundries (NASDAQ:GFS) as part of the CHIPS and Science Act. The award follows the previously signed preliminary memorandum of terms announced in February 2024,
GlobalFoundries (GFS) Faces Market Oversupply: UBS Initiates Neutral Rating
We recently published a list of 15 AI News You Should Pay Attention To. In this article, we are going to take a look at where ...
GlobalFoundries signs its $1.5B CHIPS contract for second New York fab
MALTA – GlobalFoundries and the U.S. Commerce Department finalized the terms for a $1.5 billion federal grant to support a ...
What's Going On With GlobalFoundries Stock Today?
GlobalFoundries (GFS) stock drops 2.71% despite receiving up to $1.5B funding from the U.S. Department of Commerce for ...
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Lightmatter turns to GlobalFoundries to bring photonics interconnect to market in 2025
Photonics computing company Lightmatter has announced it's extending its manufacturing partnerships with GlobalFoundries, ...
GlobalFoundries initiated with a Neutral at UBS
UBS initiated coverage of GlobalFoundries (GFS) with a Neutral rating and $47 price target The company has a favorable ...
GlobalFoundries Inc. (GFS) Secures $1.5 Billion US Grant Amid Nationwide Semiconductor Investment Push
We recently compiled a list of the 15 AI Stocks That Are Dominating Headlines. In this article, we are going to take a look ...
GlobalFoundries plans to set up semicon ecosystem in Bengal
Kolkata: Nasdaq-listed GlobalFoundries (GF) is planning to establish a whole semiconductor ecosystem in Bengal, which will ...
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$1.5B awarded to GobalFoundries for Vt., NY facilities
GlobalFoundries says it is set to receive a hefty check as part of planned upgrades from the CHIPS and Science Act.