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Technology

GlobalFoundries Tapped As Technology Provider, Operator For Two New Semiconductor Production Sites at Its New York Facility Under Japan-U.S. Initiative For Up To $21B In Funding

Oct 14, 2026 · 08:33 AM ET· updated 1h ago

GlobalFoundries (Nasdaq: GFS) (GF) today announced it has been selected as the technology provider and operator for two new semiconductor manufacturing facilities ("fabs") at its Malta, New York, site under a

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Why It Matters

GlobalFoundries won a big contract to build and run two new chip factories in New York. This shows people trust the company to make advanced computer chips for the future.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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