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Focus on GlobalFoundries

FILE PHOTO: A view of an automated transport system in the clean room of U.S. chipmaker GlobalFoundries' new fabrication plant in Singapore September 12, 2023. REUTERS/Edgar Su/File photo
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US finalizes $1.5 billion chips award for GlobalFoundries to expand production

GlobalFoundries secures $1.5B U.S. subsidy to expand semiconductor production in New York and Vermont, boosting chip supply chains.

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