GlobalFoundries Invests $3 Billion in Its Growing Facilities
MALTA — Semiconductor manufacturer GlobalFoundries (GF) recently announced that it will chip in an extra $3 billion to help expand and modernize its facilities in both Malta, New York and Vermont.
This latest investment, plus a previously announced $13 billion investment, add up to a $16 billion plan that aims to strengthen U.S. semiconductor leadership and accelerate innovation in AI, aerospace, automotive, and high-performance communications.
GF is collaborating with major technology companies, such as Apple and SpaceX, that are committed to reshoring semiconductor production to the U.S. and diversifying their global supply chains. These companies partner with GF to support their production of U.S.-made chips.
“Today’s announcement is a direct result of President Trump’s leadership and his vision to bring back high-paying manufacturing jobs and reestablish secure, domestic supply chains for critical technologies,” said Dr. Thomas Caulfield, executive chairman of GF, in a statement. “We look forward to continuing to work with the U.S. government to help create the conditions for industry and government to work together and drive meaningful, long-term impact.”
Earlier this year, GlobalFoundries announced that it would create a new $575 million center for advanced packaging and testing of American-made essential chips within its New York manufacturing facility in Malta.
GlobalFoundries is the third-largest semiconductor foundry in the world. In 2021, it moved its global headquarters from Santa Clara, California to Malta. The company currently employs more than 2,000 people at its Malta location.












