Following the completion of due diligence, the US Department of Commerce has confirmed the award (proposed in February) of up to $1.5bn in direct funding through the US CHIPS and Science Act to New York-headquartered GlobalFoundries (GF, the only US-based pure-play foundry with a global manufacturing footprint including facilities in the USA, Europe and Singapore)...
Source: https://www.semiconductor-today.com/new ... 1124.shtml