U.S. Invests $30 Million in GaN’s Future at GlobalFoundries

SourceElectronic Design
Date Published10/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Global Foundries
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Capital investment ($):30
State(s) reshored to:VT
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor
What domestic positive factors made reshoring more attractive?Government Incentives
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