The line for chip susidies and tax breaks is getting longer by the minute
GlobalFoundries' CEO Thomas Caulfield clearly wants a piece of that funding. In a statement, the foundry's leader cited Qualcomm's investments coupled with funding from the CHIPs bill as drivers of the company's US expansion plans.
GlobalFoundries occupies an interesting space within the semiconductor ecosystem. For years, the company was the leading supplier for AMD for whom it produced advanced process tech down to 12nm.
That partnership has since expanded to include additional capacity at the company's fabs in Crolles, France, and production of 8SW radio-frequency silicon-on-insulator tech used in mid-band 5G communications at the foundry's Singapore facilities. GF expects to ramp production of the latter early next year.
Qualcomm's investments in domestic manufacturing capacity also come as the US takes an increasingly domestic view of the semiconductor industry. America is alreadyadditional measures that would restrict access to US-made chipmaking equipment and intellectual property to foundry operators in China. Meanwhile, tensions between China and Taiwan — the home of TSMC and one of Qualcomm's largest foundry suppliers — have grown heated in recent weeks, exacerbated in part by Speaker of the House Nancy
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