GlobalFoundries has applied for U.S. CHIPS and Science Act Funding for capacity expansion and modernization of GF’s U.S. manufacturing facilities.
“As the leading manufacturer of essential semiconductors for the U.S. government, and a vital supplier to the automotive, aerospace and defense, IoT and other markets, GF has submitted our applications to the CHIPS Program Office to participate in the federal grants and investment tax credits enabled by the U.S. CHIPS and Science Act,” said Steven Grasso, senior director of global government affairs at GF. “This federal support is critical for GF to continue growing its U.S. manufacturing footprint, strengthening U.S economic security, supply chain resiliency, and national defense.”
GF is a longstanding supplier of essential chips for the U.S. aerospace and defense industry.
