STMicro and GlobalFoundries plan to build a €5.7B chip factory in France with full capacity by 2026, with “significant” funding from the French government
Reuters
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Discussion
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@st_world
@st_world
on x
We have signed an MoU with @GlobalFoundries to create a new, jointly operated 300mm manufacturing facility in #Crolles, #France to advance the FD-SOI ecosystem ➡ https://r.socialstudio.radian6.com/ ... https://twitter.com/...
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@agathedemarais
Agathe Demarais
on x
🇫🇷 - STMicro and GlobalFoundries will build €5.7bn semiconductor foundry in France • Highlights big push across EU 🇪🇺 (and esp. France) to reshore production of critical microchips • Also illustrates attractivity of France for foreign direct investments https://www.ft.com/...
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@davidshepardson
@davidshepardson
on x
As Congress debates chips funding big French chip factory announced https://twitter.com/...
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@labboudles
Leila Abboud
on x
“Strategic autonomy” ahoy! France to get a big new chip factory by 2026 as companies secure 'significant" government subsidies to boost production https://www.ft.com/...
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@rymmomtaz
@rymmomtaz
on x
“The project is the 2nd foundry to benefit from EU's Chips Act, a €43bn plan to subsidise production in the bloc” “FR and ITA are biggest shareholders in STMicroelectronics, w/a 13.75% stake each” “w/o FR participation, investments wld be very challenging.” GlobalFoundries CEO ht…
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@mtdtl
@mtdtl
on x
With “significant”, yet unspecified at this stage, support from the French government, within the framework of the EU Chips Act. https://www.reuters.com/...