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Description
On 19 February 2024, the government of the state of New York announced USD 575 million in Green CHIPS tax credits to GlobalFoundries. The funding will support the company's semiconductor manufacturing...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
19 Feb 2024
Revocation date
19 Feb 2034
Implementation level
Subnational
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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