Biden Awards Mubadala-backed GlobalFoundries US$ 1.5 Billion
Posted on 02/20/2024
President Joe Biden has announced the awarding of US$ 1.5 billion to GlobalFoundries, a semiconductor company that Mubadala brought to the IPO stage in 2021. A further US$ 1.6 billion is being prepared for loans. New York and Vermont will benefit, with the company expanding its base and managing new construction over the next decade.…
