But not for American workers. France baby!!
There is no significant investment in US operations. Only divestment! Thanks TC!!
https://www.printedelectronicsnow.com/contents/view_breaking-news/2023-06-06/globalfoundries-stmicroelectronics-partner-on-new-facility/46369
There will be no new fab in Malta. As TC has stated we will only build new fabs if the industry/customers need it and are on-board. With the current technology portfolio being nearly nothing new there will be no customer demand to drive a new fab, GF won't even be able to keep existing fabs full.
When you realize you can’t save the old boat you buy a new French one. Oui oui!!
Daddy, take me to France!
nous sommes très heureux d'accueillir la nouvelle fab de globalfoundries ! nous sommes de bien meilleurs travailleurs que les gros et laids américains !