GlobalFoundries CHIPS Act grant
GlobalFoundries CHIPS Act grant is a subsidy announced 2024-11-20, valued at $1.5B, currently completed. Commerce finalized up to $1.5B for GF's New York expansion and Vermont GaN fab.
Deal record from the wafergraph deals corpus · every field traces to the sources listed below · page data as of 2026-10-09
- Type
- subsidy
- Announced
- 2024-11-20
- Status
- completed
- Value
- $1.5B
- Parties
- GlobalFoundries (builder), U.S. CHIPS Act (government)
- Source confidence
- high
The companies involved
GlobalFoundries
Largest US-based pure-play foundry, focused on specialty nodes. major in Pure-Play Foundry, headquartered in United States, market cap $27.5B. 166 tracked suppliers, 18 tracked customers · supply-chain risk
Related deals
- GlobalFoundries–AMD wafer supply — $2.1B · 2021-12-23
- GlobalFoundries–Qualcomm agreement — $4.2B · 2022-08-08
Sources
Frequently asked questions3
- How much was GlobalFoundries CHIPS Act grant?
- GlobalFoundries CHIPS Act grant was valued at $1.5B.
- When was GlobalFoundries CHIPS Act grant announced?
- GlobalFoundries CHIPS Act grant was announced on 2024-11-20 and is completed.
- Who were the parties in GlobalFoundries CHIPS Act grant?
- GlobalFoundries (builder), U.S. CHIPS Act (government).
Cite as: wafergraph, “GlobalFoundries CHIPS Act grant”, https://wafergraph.com/deal/gf_chips/ (data as of 2026-10-09).
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