September 25, 2023 GF seeking funding to support capacity expansion and modernization of its U.S. fabs MALTA, N.Y., Sept. 25, 2023 – GlobalFoundries (Nasdaq: GFS) (GF) announced today it has applied for U.S. CHIPS and Science Act Funding, with two full applications submitted to the CHIPS Program Office of the U.S. Department of Commerce. The submitted applications are for capacity expansion and modernization of GF’s U.S. manufacturing facilities. “As the leading manufacturer of essential semiconductors for the U.S. government, and a vital supplier to the automotive, aerospace and defense, IoT and other markets, GF has submitted our applications to the CHIPS Program Office to participate in the federal grants and investment tax credits enabled by the U.S. CHIPS and Science Act,” said Steven Grasso, senior director of global government affairs at GF. “This federal support is critical for GF to continue growing its U.S. manufacturing footprint, strengthening U.S economic security, supply chain resiliency, and national defense.” GF is a longstanding partner to the U.S. government and the leading supplier of securely manufactured essential chips for the U.S. aerospace and defense industry. GF-made essential chips are driving innovation, increasing power efficiency, and minimizing the total cost of ownership for products in high-growth markets including automotive, data center, IoT, aerospace and defense, and smart mobile. 关于GF GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com. ©GlobalFoundries Inc.、GF、GlobalFoundries、GF标志和其他GF标志是GlobalFoundries Inc.或其子公司的商标。或其子公司的商标。所有其他商标是其各自所有者的财产。 前瞻性信息 本新闻稿可能包含前瞻性声明，这些声明涉及风险和不确定性。请读者注意不要过分依赖任何这些前瞻性声明。这些前瞻性声明仅在本新闻稿发表之日有效。除非法律要求，否则GF没有义务更新这些前瞻性声明以反映本新闻稿发布日期之后的事件或情况，或反映实际结果。 媒体联系 Michael Mullaney[email protected]
