GlobalFoundries announced plans to invest $16 billion to enhance semiconductor manufacturing and advanced packaging capabilities.

Jin10 reported on June 5 that on June 4, the American semiconductor foundry company GlobalFoundries announced plans to invest $16 billion to enhance its semiconductor manufacturing and advanced packaging capabilities at its facilities in New York and Vermont. GlobalFoundries stated that the explosive development in the field of artificial intelligence is accelerating the demand for next-generation semiconductors, which are specifically designed for data centers, communication infrastructure, and AI devices to achieve energy efficiency optimization and high bandwidth performance.

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