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Tom’s Hardware
Tom’s Hardware
Technology
Jowi Morales

GlobalFoundries to expand New York fab — announces new $575 million advanced packaging and photonics facility

GlobalFoundries New York Malta
GlobalFoundries.

GlobalFoundries announced that it will build an advanced packaging and testing facility at its Malta, New York fab to support the growing demand for silicon built entirely within the United States. GlobalFoundries said that this extension will also provide assembly and testing for silicon photonics, a tech that combines optical and electrical components to deliver better efficiency and performance than chips that rely just on silicon and copper.

This facility is projected to cost $575 million to construct, and GlobalFoundries needs another $186 million for research and development costs over the next decade. However, New York state will provide up to $20 million to support this project, which is in addition to the $550 million it has already spent to support GlobalFoundries. The U.S. Department of Commerce will also give $75 million in direct funding in addition to the $1.5 billion it received from the CHIPS and Science Act.

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