GlobalFoundries plans to spend $16B to boost domestic chip production, including $13B for its New York and Vermont plants and $3B for advanced packing research (Ian King/Bloomberg)

Ian King / Bloomberg:
GlobalFoundries plans to spend $16B to boost domestic chip production, including $13B for its New York and Vermont plants and $3B for advanced packing research  —  The company is budgeting $13 billion to expand existing plants in New York and Vermont and making a further $3 billion commitment …

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