European Chips Act Entices GlobalFoundries to France on New Semiconductor Manufacturing Facility with STMicroelectronics
Posted on 07/11/2022
Recent global semiconductors shortages forced factory closures in a wide range of sectors from cars to healthcare devices. On July 11, 2022, GlobalFoundries and STMicroelectronics announced the signing of a Memorandum of Understanding (MoU) for the establishment near Grenoble, France, of this new 300 mm semiconductor manufacturing facility, adjacent to ST’s existing 300 mm facility…