Press Release
Jul 29, 2026
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…
Press Release
Apr 17, 2025
SHERBROOKE, QC – U.S. Senator Peter Welch (D-Vt.) traveled to Sherbrooke, Québec, Canada this week for an event celebrating semiconductor innovation and collaboration between Quebec and the Northeastern United States. Senator Welch joined the ribbon cutting for an expansion of the Interdisciplinary Institute for Technological…
Press Release
Nov 20, 2024
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…
In The News
Mar 01, 2024
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…