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GlobalFoundries Breaks Ground on €1.1bn Dresden Expansion

Summary by evertiq.com
GlobalFoundries has started construction of its planned semiconductor fab expansion in Dresden, Germany, marking the next phase of its EUR 1.1 billion investment under Project SPRINT, according to a company update on LinkedIn.
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The chip manufacturer Globalfoundries has begun the expansion of its semiconductor factory in Dresden. On Tuesday the official start of construction was celebrated. By 2028 more than one billion euros will be invested.

Through the billions project "Sprint" microelectronics group also wants to gain new customer circles Dresden, 17 March 2026. Energy-saving circuits from Dresden are in demand worldwide, The post Globalfoundries starts chip factory expansion in Dresden first appeared on Oiger.

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Oiger broke the news in on Tuesday, March 17, 2026.
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