GlobalFoundries (GF) has secured $1.5 billion in funding from the U.S. CHIPS and Science Act to support the expansion of its chip manufacturing capabilities. The investment will allow GF to create new manufacturing capacity and produce essential chips for crucial industries such as automotive, aerospace, defense, and IoT.
As part of the funding, GF will focus on three major projects. Firstly, the existing fab in Malta, New York will be expanded to incorporate critical technologies that are already in production in GF’s facilities in Singapore and Germany. This expansion will cater to the growing demand for semiconductor chips in the automotive industry, ensuring a resilient supply chain and meeting the needs of customers like General Motors.
Secondly, GF plans to construct a new state-of-the-art fab on the Malta campus. This facility will address the anticipated demand for U.S.-made essential chips across various markets and applications, including automotive, aerospace, defense, and AI. The new fab will capitalize on the site’s existing infrastructure and ecosystem, enabling efficient production once construction is complete.
Lastly, GF will modernize its longest continuously operated fab in Essex Junction, Vermont. The upgrade will enhance the facility’s capacity and enable high-volume manufacturing of next-generation gallium nitride (GaN) semiconductors. These advanced semiconductors are crucial for applications such as electric vehicles, power grids, data centers, and 5G and 6G smartphones.
GF has plans to invest over $12 billion in its U.S. sites over the next decade, with support from federal and state governments as well as ecosystem partners. These investments, including the funding from the Department of Commerce and the state of New York, will create over 1,500 manufacturing jobs and approximately 9,000 construction jobs.
The expansion of GF’s manufacturing capabilities comes at a critical time when the demand for semiconductor chips continues to rise. By increasing production capacity and developing advanced technologies, GF aims to contribute to the growth of the U.S. semiconductor ecosystem and strengthen the country’s competitiveness in the global market.
GlobalFoundries (GF) is a semiconductor manufacturing company that has secured $1.5 billion in funding from the U.S. CHIPS and Science Act to expand its chip manufacturing capabilities. This investment will allow GF to create new manufacturing capacity and produce crucial chips for industries like automotive, aerospace, defense, and IoT.
The funding will be used for three major projects.
Firstly, GF will expand its existing fab in Malta, New York to incorporate critical technologies already used in its Singapore and Germany facilities. This expansion will specifically address the growing demand for semiconductor chips in the automotive industry and ensure a resilient supply chain, benefiting customers like General Motors.
Secondly, GF plans to construct a new state-of-the-art fab on the Malta campus to meet the anticipated demand for U.S.-made essential chips across various markets. This new facility will be equipped to produce chips for automotive, aerospace, defense, and AI applications.
Lastly, GF will modernize its fab in Essex Junction, Vermont, which is the company’s longest continuously operated fab. The upgrade will increase the facility’s capacity and enable high-volume manufacturing of next-generation gallium nitride (GaN) semiconductors. GaN semiconductors are crucial for applications like electric vehicles, power grids, data centers, and 5G and 6G smartphones.
GF plans to invest over $12 billion in its U.S. sites over the next decade, with support from federal and state governments as well as ecosystem partners. These investments will create over 1,500 manufacturing jobs and approximately 9,000 construction jobs.
The expansion of GF’s manufacturing capabilities is happening at a time when the demand for semiconductor chips is increasing. By increasing production capacity and developing advanced technologies, GF aims to contribute to the growth of the U.S. semiconductor ecosystem and strengthen the country’s competitiveness in the global market.
Key terms:
– Semiconductor chips: Small electronic devices made of materials that can conduct electricity, used in various industries for different applications.
– IoT: Stands for Internet of Things, a system of interconnected devices that can communicate and exchange data.
– Fab: Short for fabrication, refers to a semiconductor manufacturing facility.
– Gallium nitride (GaN): A compound used to make semiconductors with high-power and high-frequency capabilities.
– Resilient supply chain: A supply chain that can adapt and bounce back quickly from disruptions or challenges.
The source of the article is from the blog zaman.co.at