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GF to get US$1.5 billion funding in US chip manufacturing push

Jessie Shen, DIGITIMES Asia, Taipei Tuesday 20 February 2024 0

Credit: AFP

The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry, this investment will enable GF to expand and develop new production...

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