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The United States plans to award giant chipmaker GlobalFoundries $1.5 billion in direct funding to boost domestic chip production, the Commerce Department
The United States plans to award giant chipmaker GlobalFoundries $1.5 billion in direct funding to boost domestic chip production, the Commerce Department said on Monday. The world’s third-largest contract chipmaker and the Commerce Department have penned a preliminary memorandum of terms to provide the funding “to strengthen US domestic supply chain resilience, bolster US competitiveness […]
The post US to give GlobalFoundries $1.5bln to boost domestic chip production appeared first on Insider Paper.
https://insiderpaper.com/us-to-give-globalfoundries-1-5bln-to-boost-domestic-chip-production/
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