GlobalFoundries, GM to Produce Semiconductor Chips in NY

GlobalFoundries, GM to Produce Semiconductor Chips in Upstate NYPublished Feb. 10, 2023General Motors Co. and GlobalFoundries on Feb. 9 announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will manufacture for GM’s key chip suppliers at GF’s advanced semiconductor facility in Upstate New York, bringing a critical process to the U.S. This agreement supports GM’s strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden vehicles. “This agreement will help to further establish New York State as a major hub for semiconductor manufacturing. Supportive policies like the bipartisan CHIPS and Science Act are encouraging the onshoring of semiconductor production and reestablishing the U.S. as a global leader of this critical technology.