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…

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