GlobalFoundries Plans to Spend $16 Billion to Boost US Chip Production

URLhttps://thebusinessdownload.com/globalfoundries-pl
SourceBloomberg
Date Published08/02/2025

Additional Reshoring Information:

Company/Division name Global Foundries
Parent companyGlobalFoundries, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):13,000
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredChips for semiconductors, electronic makers
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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