GlobalFoundries opens $4b chip fabrication plant in Singapore

GlobalFoundries opens $4b chip fabrication plant in Singapore

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

GlobalFoundries, one of the world’s top five largest contract chipmakers, launched a $4 billion fabrication plant in Singapore on Tuesday, as part of a major global manufacturing expansion.