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GlobalFoundries puts $4bn into Singapore expansion

US semiconductor giant ramps up wafer capacity amid chip shortage

U.S. semiconductor giant GlobalFoundries will invest over $4 billion in its Singapore plant, increasing its capacity to about 1.5 million wafers per year.   © GlobalFoundries

SINGAPORE -- U.S. semiconductor giant GlobalFoundries will invest over $4 billion to expand its Singapore wafer plant and ramp up capacity as it attempts to tackle the global microchip shortage.

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