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GlobalFoundries says it will spend $4B+ to build a chipmaking plant in Singapore, starting production in 2023, and devote $1B each to its German and US sites

Debby Wu / Bloomberg :

Bloomberg Debby Wu

Discussion

  • @yoolimleenews Yoolim Lee on x
    Singapore scores a big semiconductor investment. U.S.-based, Abu Dhabi-controlled GlobalFoundries will build a $4 billion chipmaking plant in the city state slated to start in 2023. It's also prepping a U.S. IPO that could value the firm at $30 billion https://www.bloomberg.com/.…