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Report: Globalfoundries expands Dresden fab

Paul van Gerven
Reading time: 1 minute

US chipmaker Globalfoundries plans to invest 1.1 billion euros to expand its Dresden fab, according to a Handelsblatt report (link in German). The German federal government is said to support the expansion with several hundred million euros. The precise amount of the funding hasn’t been confirmed and the final commitment is still under consideration.

Credit: Globalfoundries
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