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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Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
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C 80%
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