Biden awards up to $75 million in CHIPS Act grant to Entegris [Yahoo! Finance Canada]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance Canada
for funding of up to $75 million to aid the development of a new facility in Colorado Springs, Colorado. "We're not just bringing leading-edge chip technology and (factories) to the United States, we're also bolstering the suppliers that make leading-edge manufacturing possible,” U.S. Secretary of Commerce Gina Raimondo said in a statement. The announcement is the latest in a string of Chips and Science grants as the U.S. seeks to expand domestic chip production and lure away capital that might have been used to build plants in China and the region. Big winners include South Korean's Samsung, U.S.-based Intel, and Taiwan's TSMC. Congress in 2022 approved the Chips and Science Act to boost domestic semiconductor output with $52.7 billion in research and manufacturing subsidies. Lawmakers also approved $75 billion in government loan authority. ADVERTISEMENT According to the Commerce Department, the project's first phase would support the production of liquid filter membranes a
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News
- National Institute for Industry and Career Advancement Welcomes Clayton Nagel as Senior Director, National Center for Skill-Based Learning [Yahoo! Finance]Yahoo! Finance
- Global FinFET Technology Market Size To Worth USD 239.3 Billion By 2033 l CAGR of 21.80% [Yahoo! Finance]Yahoo! Finance
- Southeast Asia is a top choice for firms diversifying supply chains amid U.S.-China tensions [MSNBC.com]MSNBC.com
- GlobalFoundries: Why Short Interest Is Elevated [Seeking Alpha]Seeking Alpha
- BAE Systems and GlobalFoundries Collaborate to Strengthen Supply of Essential Semiconductors for National Security Programs [Yahoo! Finance]Yahoo! Finance
GFS
Earnings
- 5/7/24 - Beat
GFS
Sec Filings
- 6/20/24 - Form 6-K
- 5/29/24 - Form SD
- 5/28/24 - Form 6-K
- GFS's page on the SEC website