GlobalFoundries

WASHINGTON, D.C. — Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of $300 million in new federal funding for Vermont’s GlobalFoundries. This federal investment, funded through the Biden Administration’s bipartisan CHIPS and Science Act and administered by the Department of Commerce, will support GlobalFoundries’ research and development of next-generation silicon photonics wafer technologies, which have the potential to substantially increase the energy efficiency of AI and…

WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of a $375 million investment by the Department of Commerce to support GlobalFoundries’ (GF) new quantum foundry, Quantum Technology Solutions. This federal funding was made possible by the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member…

WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) celebrated the Department of Commerce’s announcement finalizing $1.5 billion in direct funding to GlobalFoundries (GF) from the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member of the House. The funds will expand…

ESSEX JUNCTION, VT – Today, Senator Peter Welch (D-Vt.) and Representative Becca Balint, and staff representatives for Sen. Bernie Sanders (I-Vt.) joined Vermont Governor Phil Scott, former Sen. Patrick Leahy (D-Vt.), GlobalFoundries (GF) CEO Dr. Thomas Caulfield, and community leaders to celebrate the hundreds of millions of CHIPS and Science Act funding that will support the modernization of…

Vermont politicians visited the GlobalFoundries site March 1 to celebrate CHIPS funding. Gov. Phil Scott, Lt. Gov. David Zuckerman, Sen. Peter Welch and former Sen. Patrick Leahy were among those in attendance. Jackie DiBartolomeo ESSEX JUNCTION — Dozens of GlobalFoundries employees crowded into a press room…