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On April 22, 2019, GlobalFoundries announced the $430 million sale of their Fab 10 in East Fishkill, New York, to ON Semiconductor. GlobalFoundries has received $100 million and will receive $330 million at the end of 2022 when ON Semiconductor will gain full operational control. The 300mm fab is capable of 65 nm to 40 nm and was a part of IBM ...
The Biden administration plans to devote $1.5 billion to chipmaker GlobalFoundries so it can expand production in New York and Vermont. The government will also make another $1.6 billion in loans ...
GlobalFoundries bought IBM's semiconductor plants in 2015. GlobalFoundries, which is majority owned by Abu Dhabi's sovereign wealth fund Mubadala, separately sued Armonk, New York-based IBM in New ...
GlobalFoundries Semiconductor Fabrication "Fab 8" [13] Saratoga Technology + Energy Park (STEP) [14] facility of New York State Energy Research and Development Authority (NYSERDA), a "technology park devoted to clean energy, energy efficient, and environmental technologies."
In February, GlobalFoundries was awarded $1.5 billion to build a new semiconductor production facility in Malta, New York, and expand existing operations there and in Burlington, Vermont.
At the time this was the most advanced semiconductor manufacturing facility in the world and the largest private sector industrial investment in the history of New York State. [4] In 2008 AMD spun off its manufacturing to a new joint venture with the Advanced Technology Investment Company (ATIC) of Abu Dhabi, called GlobalFoundries ...
The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.
In April 2021, GlobalFoundries, a company specializing in the semiconductor industry, moved its headquarters from Silicon Valley, California to its most advanced semiconductor-chip manufacturing facility in Saratoga County, New York near a section of the Adirondack Northway, in Malta, New York. [1]