STMicro, GlobalFoundries plan new US$5.7 billion chip factory

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Drawing on funding from the French government.

STMicro, GlobalFoundries plan new US$5.7 billion chip factory
Chipmakers STMicroelectronics and GlobalFoundries announced plans on Monday to build a semiconductor factory in France, drawing on funding from the government, in the latest move to boost output in the region. The project represents the lion's share of 6.7 billion euros (A$9.99 billion) of ...

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