GlobalFoundries puts $4bn into Singapore expansion

US semiconductor giant ramps up wafer capacity amid chip shortage

220621 GLOBALFOUNDRIES Singapore Campus

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

DYLAN LOH, Nikkei staff writer

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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