New York, New York — According to state and local development sources, GlobalFoundries plans to invest $575,000,000.00 to build out new space in New York. The company plans to occupy the new space in New York, on or about December 1, 2026. According to the company website GlobalFoundries Inc. (GF) is one of the worlds leading semiconductor manufacturers. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets. GF provides a broad range of feature-rich process technology solutions with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its customers across the globe. GF is owned by Mubadala Investment Company.

To learn more about GlobalFoundries, visit http://gf.com/

Company Contact:
Thomas Caulfield, Chief Executive Officer
thomas.caulfield@gf.com
https://www.linkedin.com/in/tom-caulfield-6a555a4/
408-462-3900

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