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Biden admin announces $1.5B to support chip manufacturing

Projects in Vermont and New York include factory refurbishment The Biden administration has announced $1.5 billion in potential funding to support multiple semiconductor manufacturing projects in New York and Vermont. The Department of Commerce and GlobalFoundries have signed a non-binding agreement of terms for the...

GlobalFoundries and STMicro shake on €7.5bn chip facility in France

New York headquartered GlobalFoundries and Switzerland-headquartered STMicroelectronics (STMicro) have confirmed a deal to build a jointly-operated semiconductor manufacturing facility in Crolles, in France, at a total project cost of €7.5 billion – of which around €3 billion will reportedly be provided by the French...

Chip industry takes Moore’s Law to the next level

IBM unveils 7-nanometer node chips A partnership with Samsung, GlobalFoundries and the state of New York has helped IBM achieve a major advance in semiconductor technology. Today the company said that it has produced working chips using a 7-nanometer node process. Smaller process nodes can dramatically...