The facility, located in Essex Junction, Vermont, produces 200 millimeter wafers and needs to be revamped, Caulfield said. "With partnership investments with the U.S. government, we can create a facility that has been around for 50, 60 years and give it its next 50, 60 years of longevity," he said.
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GlobalFoundries to seek CHIPS Act funds for Vermont chip plant
GlobalFoundries to seek CHIPS Act funds for Vermont chip plant
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