
Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans — The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.

Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans — The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
Source: TechMeme
Source Link: http://www.techmeme.com/240219/p3#a240219p3