GlobalFoundries, Chips

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 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 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 cements Chips Act deal for US$1.5 billion grant
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion in grants to support US factories as part of a broader semiconductor push.
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, U.S. DoC announce award agreement on CHIPS Act
GlobalFoundries (GFS) and the U.S. Department of Commerce, DoC, have announced an award of up to $1.5B in direct funding to GF through the
US Finalizes $1.5 Billion Chips Award to GlobalFoundries
The finalized award comes after a preliminary agreement announced in February and means that funds can begin flowing when milestones are reached.
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GlobalFoundries nets $1.5B from CHIPS Act despite sanctions violation fine
Semiconductor maker GlobalFoundries, recently fined $500,000 for sanctions violations involving China, has been awarded up ...
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 ...
Yahoo Finance2d
GlobalFoundries gets $1.5 billion subsidy from U.S. gov't after it was fined for violating export laws to China
GlobalFoundries (GF) has been awarded up to $1.5 billion under the CHIPS and Science Act to expand its U.S.
Upstate NY microchip manufacturer finalizes $1.5B CHIPS Act agreement
Money from the CHIPS and Science Act is officially coming to Upstate New York. GlobalFoundries’ $1.5 billion agreement with ...
New Electronics3d
GlobalFoundries and US Department of Commerce announce CHIPS Act funding
GlobalFoundries and the US Department of Commerce have announced an award of up to $1.5 billion in direct funding to GF ...
Biden administration rushes to finalize CHIPS Act funding
President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.
GlobalFoundries Secures Up to $1.5 Billion Chips Act Funding
GlobalFoundries and the Commerce Department in February announced a preliminary memorandum of terms for the funding under the Chips Act, a nearly $53 billion government effort passed in 2022 to ...