GlobalFoundries is doubling semiconductor production in the US with the expansion of its existing Fab 8 facility in Malta (NY) and the building of a new fab plant alongside it
US-based semiconductor supplier, GlobalFoundries, is to double its manufacturing capacity at its site in Malta, New York state. The company is building a completely new fabrication plant as well as investing $1 billion to boost output at its existing Fab 8 facility in Malta by 150,000 wafers per year. Both moves are designed to address the shortage in semiconductors and follow efforts made by the Biden administration to fortify US supply chains, including those supporting production of the chips for a range of industries, including automotive.
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