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On April 22, 2019, GlobalFoundries announced the $430 million sale of their Fab 10 in East Fishkill, New York, to ON Semiconductor. GlobalFoundries has received $100 million and will receive $330 million at the end of 2022 when ON Semiconductor will gain full operational control. The 300mm fab is capable of 65 nm to 40 nm and was a part of IBM ...
The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.
Watervliet Arsenal falls under its headquarters, the U.S. Army Tank-automotive and Armaments Command under the U.S. Army Materiel Command . The arsenal was founded on July 14, 1813, to support the War of 1812. It was designated as the Watervliet Arsenal in 1817. It occupies 142 acres (57 ha) of land, approximately 8 miles (13 km) north of ...
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GM and chipmaker GlobalFoundries (GF) announced a long-term, direct chip supply deal for GM’s automotive needs. The chips will come from a GF’s chip facility in upstate New York, which the ...
Watervliet (/ w ɔː t ər ˈ v l iː t / waw-tər-VLEET or / w ɔː t ər v ə ˈ l iː t / waw-tər-və-LEET) is a city in northeastern Albany County, New York, United States. The population was 10,375 as of the 2020 census. [4] Watervliet is north of Albany, the capital of the state, and is bordered on the north, west, and south by the town ...
Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.
The company, whose customers range from mobile phone chip designer Qualcomm to the U.S. Department of Defense, said net revenue fell 11% to $1.85 billion in the third quarter, but came in line ...