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flag GlobalFoundries to invest $16 billion in U.S. chip manufacturing, targeting advanced tech growth.

flag GlobalFoundries plans to invest $16 billion to expand its semiconductor manufacturing in New York and Vermont, focusing on advanced packaging and emerging technologies like silicon photonics and gallium nitride. flag This move, supported by the Trump administration and key tech leaders, aims to bolster domestic chip production and address growing demand from AI and other tech sectors.

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