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GlobalFoundries Announces New York Advanced Packaging and Photonics Center - GLOBALFOUNDRIES (NASDAQ:GFS)

GlobalFoundries announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips in New York.
The center will be supported by investments from New York State and the U.S. Department of Commerce totaling $95 million.
The overall investment in the center is expected to be $575 million, creating approximately 100 new jobs in New York over five years.
Dr. Thomas Caulfield stated that the center will respond to customer demands for geodiversity in supply chains and advanced packaging solutions.

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WPTZ

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Computer chip packaging and testing center comes to New York

Major chip manufacturer to invest over $750 million in Capital Region.

2 months ago·Plattsburgh, United States

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WTEN

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GlobalFoundries to build new chip packaging center

MALTA, N.Y. (NEWS10) — GlobalFoundries will create a new center for chip packaging and testing in Malta, the company announced on Friday. The facility will be called the New York Advanced Packaging and Photonics Center. Get the latest news, weather, sports and entertainment delivered right to your inbox! GlobalFoundries, a semiconductor manufacturing company with locations around the world, invested $575 million to build the new center, as…

2 months ago·Albany, United States

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Times Union

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GlobalFoundries to build $575 million chip packaging and photonics center in Malta

GlobalFoundries is spending $761 million for a new chip packaging and photonics center at its Fab 8 campus in Saratoga County, aided with $95 million in state and federal funding.

2 months ago·Albany, United States

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The Saratogian

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GlobalFoundries to establish new center for advanced packaging and testing

ALBANY, N.Y. — Gov. Kathy Hochul announced that GlobalFoundries (GF), a leading manufacturer of semiconductors located in Saratoga County, will invest $575 million to create a new center for advanced packaging and testing, and an additional $186 million for R&D over the next 10 plus years within its Malta manufacturing facility. According to a press release from the governor’s office, the New York Advanced Packaging and Photonics Center will expa

2 months ago

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Benzinga

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GlobalFoundries Announces New York Advanced Packaging and Photonics Center - GLOBALFOUNDRIES (NASDAQ:GFS)

MALTA, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips within its New York manufacturing facility. Supported by investments from the State of New York and the U.S. Department of Commerce, the first-of-its-kind center aims to enable semiconductors to be securely manufactured, processed, packaged and tested entirel…

3 months ago·New York, United States

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Defense Daily

Biden Administration Awards GlobalFoundries Up To $75 Million To Expand Chip Facility - Defense Daily

U.S. semiconductor manufacturer GlobalFoundries [GF] last Friday said it will establish a new center to package and test U.S. made chips through a trusted end-to-end process in support of national […]

2 months ago

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