GlobalFoundries Semiconductor Expansion Projects
Sector: Aerospace & Defense • Location: United States
Source: U.S. Department of Commerce
The Biden-Harris Administration announced a preliminary agreement with GlobalFoundries to provide approximately $1.5 billion in funding to support multiple semiconductor manufacturing projects in New York and Vermont. These projects aim to strengthen the domestic supply chain for semiconductors critical to the automotive and defense industries, creating around 10,500 jobs.
- Status
- Prospective
- Sector
- Aerospace & Defense, Advanced Electronics, Automotive, Warehouse, Manufacturing (Industrial), Government
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- U.S. Department of Commerce
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Biden-Harris Administration announced a preliminary agreement with GlobalFoundries to provide approximately $1.5 billion in funding to support multiple semiconductor manufacturing projects in New York and Vermont. These projects aim to strengthen the domestic supply chain for semiconductors critical to the automotive and defense industries, creating around 10,500 jobs. |
Original sector | Semiconductor Industry |
Budget |
Location
Country | United States of America (USA) |
Source
Source | U.S. Department of Commerce |
URL |
More Details
Record type | Project |
Sector | Aerospace & Defense, Advanced Electronics, Automotive, Warehouse, Manufacturing (Industrial), Government |
Article published date | 2025-03-20 |
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