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GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion
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GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion
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20th February 2024, 08:50
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,802
 |  GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion The Biden administration is granting $1.5 billion in funding to GlobalFoundries to bolster semiconductor production under the CHIPS Act. The company, which spun out from AMD in 2009 and also has access to $1.6 billion in loans from the CHIPS Program Office, will split the cash between three projects. https://www.engadget.com/globalfound...9.html?src=rss |
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