GlobalFoundries says it will spend $4B+ to build a chipmaking plant in Singapore, starting production in 2023, and devote $1B each to its German and US sites (Debby Wu/Bloomberg)

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Debby Wu / Bloomberg:
GlobalFoundries says it will spend $4B+ to build a chipmaking plant in Singapore, starting production in 2023, and devote $1B each to its German and US sites  —  - The U.S.-based firm says it will begin production in 2023  — TSMC's smaller rival expands in Asia as chip crunch persists

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