Mon. Nov 25th, 2024

GlobalFoundries gets $1.5 billion subsidy from U.S. gov’t after it was fined for violating export laws to China

By Nov 22, 2024

GlobalFoundries signed a deal to get $1.5 billion under the CHIPS and Science Act even after being fined for violating U.S. export laws by supplying advanced chips to Chinese entities. 

GlobalFoundries signed a deal to get $1.5 billion under the CHIPS and Science Act even after being fined for violating U.S. export laws by supplying advanced chips to Chinese entities. 

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