Why Is GlobalFoundries Stock Surging Wednesday?
GlobalFoundries (GFS) stock jumps 4.8% on plans for two new NY semiconductor fabs backed by a $21B U.S.-Japan funding deal.
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Why It Matters
GlobalFoundries plans to build two new computer chip factories in New York. The U.S. and Japan are giving $21 billion to help pay for them.
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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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