{"id":30752,"date":"2025-06-05T05:23:07","date_gmt":"2025-06-05T12:23:07","guid":{"rendered":"https:\/\/essential.construction\/news\/globalfoundries-commits-16b-to-expand-new-york-vermont-facilities\/"},"modified":"2025-06-05T05:23:07","modified_gmt":"2025-06-05T12:23:07","slug":"globalfoundries-commits-16b-to-expand-new-york-vermont-facilities","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/globalfoundries-commits-16b-to-expand-new-york-vermont-facilities\/","title":{"rendered":"GlobalFoundries commits $16B to expand New York, Vermont facilities"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><\/p>\n<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"-\"><\/p>\n<p>        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">4 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1749056872\/news\/text_to_speech\/globalfoundries-commits-16-billion-expanding-new-york-vermont-facilities_qnuw5f.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3>Dive Brief:<\/h3>\n<ul>\n<li><span><span><span><span><span><span>GlobalFoundries <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/gf.com\/gf-press-release\/globalfoundries-announces-16b-u-s-investment-to-reshore-essential-chip-manufacturing-and-accelerate-ai-growth\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>announced plans Wednesday<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> to invest an additional $3 billion to expand its semiconductor manufacturing and advanced packaging capabilities in Malta, New York, and <\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span>Essex Junction,<\/span><\/span><strong><span><span> <\/span><\/span><\/strong><\/span><\/span><\/span><span><span><span><span><span><span>Vermont.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The funds will go toward research and development initiatives focused on packaging innovation, silicon photonics and new gallium nitride technologies, according to the press release.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The money builds upon <\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span>the company\u2019s previously announced <\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/globalfoundries-malta-new-york-expansion-1-point-5-billion-chips-and-science-act-semiconductors\/707885\/\" target=\"_blank\"><span><span><span><span><span><span><span>$13 billion investment<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> in the two plants, as well as its upcoming <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/globalfoundries-to-build-chips-packaging-center-malta-new-york\/738632\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>advanced packaging and testing center<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> on its Malta campus.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3>Dive Insight:<\/h3>\n<p><span><span><span><span><span><span>GlobalFoundries has been working on <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/trump-tariffs-semiconductors-on-analog-globalfoundries-q4-2024-earnings\/740553\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>diversifying its supply chain<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> over the past few months to get ahead of a 25% semiconductor tariff <\/span>threatened by Trump earlier this year<span>. As a result, the company has been turning toward its Malta and Essex Junction facilities to supply its customers, especially in the automotive sector.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cSemiconductors are critical to the future of vehicles, and their importance will only grow,\u201d GM President Mark Reuss said in the June 4 press release. \u201c<span>GlobalFoundries<\/span>\u2019 investment supports our work to secure a reliable, U.S.-based chip supply \u2014 essential for delivering the safety, infotainment and features our customers expect.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p>As customers weigh the impact of the tariffs, diversifying their supply chains is key to limiting risk exposure, then-GlobalFoundries President and CEO Thomas Caulfield said <a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/trump-tariffs-semiconductors-on-analog-globalfoundries-q4-2024-earnings\/740553\/\" target=\"_blank\">in a February earnings call<\/a>. Former COO Tim Breen was named as the company\u2019s new CEO effective April 28.\u00a0<\/p>\n<p>\u201cWe need to have the ability to source from different regions,\u201d Caulfield said. \u201cAnd I think it\u2019s just raising the height of importance of diversification and supply chain with customers.\u201d<\/p>\n<p><span><span><span><span><span><span>In November, the Department of Commerce finalized GlobalFoundries\u2019 <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/chips-and-science-act-tracker-semiconductor-manufacturing\/734039\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>$1.5 billion CHIPS and Science Act<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> funding for its New York and Vermont facilities. The company was also awarded $550 million that will go toward ongoing upgrades and expansions.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>But as the Trump administration <\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span>reviews the future of the law<\/span><\/span><\/span><\/span><\/span><span><span><span><span><span><span>, it\u2019s <\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span>unclear <\/span><\/span><\/span><\/span><\/span><span><span><span><span><span><span>whether <\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span>GlobalFoundries and other awardees will still receive their finalized funding.\u00a0<\/span><\/span><\/span><\/span><\/span><span><span><span><span><span><span>The company did not immediately respond to a request for comment on the status of its funding.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>GlobalFoundries\u2019 new investment addresses the \u201cexplosive growth\u201d in AI, as the technology accelerates demand for new semiconductor capabilities and processes to power data centers, communications infrastructure and AI-enabled devices, according to the press release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>AI is especially driving demand for GlobalFoundries\u2019 silicon photonics, GaN, and FDX technologies to power data centers, Breen said in a statement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cThe rapid rise of AI in both the cloud and at the edge is driving the adoption of new technology platforms and 3D heterogeneous integration technologies,\u201d GlobalFoundries said in the press release. \u201cThese advanced solutions are essential to meet the exponentially growing requirements for power efficiency, bandwidth density and performance.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The semiconductor supplier is also collaborating with major companies to reshore production to the U.S. and diversify global supply chains, including Apple, SpaceX, General Motors, AMD, Qualcomm Technologies and NXP.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cAt GlobalFoundries, we are proud to partner with pioneering technology leaders to manufacture their chips in the United States \u2014 advancing innovation while strengthening economic and supply chain resiliency,\u201d Breen said in a statement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>GlobalFoundries additional investment comes after the Commerce Department <a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/6-tech-hubs-lose-federal-funding-commerce-lutnick-210-million\/749535\/\" target=\"_blank\">withdrew <\/a><\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.manufacturingdive.com\/news\/6-tech-hubs-lose-federal-funding-commerce-lutnick-210-million\/749535\/\" target=\"_blank\">$210 million in federal grants<\/a> that were approved for six U.S.\u00a0technology and manufacturing hubs, including $23 million for the Vermont Gallium Nitride Tech Hub that <a rel=\"nofollow noopener\" href=\"https:\/\/vgan.tech\/partners-members\/\" target=\"_blank\">the company co-founded<\/a> with the state and the University of Vermont. The hub focuses on <a rel=\"nofollow noopener\" href=\"https:\/\/vgan.tech\/#Mission\" target=\"_blank\">developing and commercializing GaN\u00a0devices<\/a> and boosting the semiconductor workforce in the state.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/globalfoundries-commits-16-billion-expanding-new-york-vermont-facilities\/749822\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive &#8230; <a title=\"GlobalFoundries commits $16B to expand New York, Vermont facilities\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/globalfoundries-commits-16b-to-expand-new-york-vermont-facilities\/\" aria-label=\"Read more about GlobalFoundries commits $16B to expand New York, Vermont facilities\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-30752","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=30752"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30752\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=30752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=30752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=30752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}