GlobalFoundries Plans to Build New Fab in Upstate New York in Private-Public Partnership to Support U.S. Semiconductor Manufacturing

GlobalFoundries Plans to Build New Fab in Upstate New York in Private-Public Partnership to Support U.S. Semiconductor Manufacturing

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GlobalFoundries (GF), the global leader in feature-rich semiconductor manufacturing, today announced its expansion plans for its most advanced manufacturing facility in upstate New York over the coming years. These plans include immediate investments to address the global chip shortage at its existing Fab 8 facility as well as construction of a new fab on the same campus that will double the site’s capacity.

New GlobalFoundries Fab Cleanroom Facility

New GlobalFoundries Fab Cleanroom Facility

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GlobalFoundries Fab plans for the upcoming year display the company’s urge to be a leader in the semiconductor market and to provide a strong position in the Chinese and global economies. Tom Caulfield, the new CEO of GlobalFoundries has a plan to improve financial performance of the privately held chipmaker. Therefore, GlobalFoundries is seeking partners to help Global Foundries be a strong competitor in the hot chip market.