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Gillibrand Praises $1.5 Billion In Chips Funding For Globalfoundries; Grant Will Expand Facility, Enable Construction Of A New Factory, And Create Good-Paying Jobs In The Capital Region
November 20, 2024
WASHINGTON, Nov. 20 -- Sen. Kirsten Gillibrand, D-New York, issued the following news release:

Today, U.S. Senator Kirsten Gillibrand hailed the awarding of $1.5 billion in CHIPS and Science Act funding for GlobalFoundries, a leading manufacturer of semiconductors. The funding will enable GlobalFoundries to expand its existing chip manufacturing facility and to construct a new state-of-the-art facility in Malta, New York.

"The Capital Region has established itself . . .

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