GlobalFoundries' NY chip plant to get up to $10B boost

Don Reisinger, CNET
January 3, 2014 6:44 AM PST

ATIC says it will invest the money over the next to years, which will aid the factory's expansion to produce 20- and 14-nanometer nodes.

Abu Dhabi-based Advanced Technology Investment Company plans to drop $10 billion into GlobalFoundries' semiconductor factory in New York, the company has confirmed.

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