GlobalFoundries Awarded $35 Million Funding From U.S. Government to Accelerate Manufacturing of Next-Generation GaN Chips
October 19, 2023
October 19, 2023
ESSEX JUNCTION, Vermont, Oct. 19 (TNSres) -- GlobalFoundries, a manufacturer of semiconductors, issued the following news release on Oct. 18, 2023:
GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF's differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont. This funding brings GF closer to large-scale production of GaN chips, which are uniq . . .
GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF's differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont. This funding brings GF closer to large-scale production of GaN chips, which are uniq . . .