Announcement
20 Nov 2024
In November 2024, the US Department of Commerce announced financial assistance for GlobalFoundries to support the production of semiconductors.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Nov 2024
Revocation date:
No revocation date
Updated: 20 Nov 2024
Financial grant
In force
On 20 November 2024, the US government awarded financial grants totalling USD 1.5 billion to GlobalFoundries. The funding aims to support the production of semiconductors in New York and Vermont.
The ...
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Related State Acts
23 Jun 2023
United States of America: Department of Commerce announces a funding opportunity for the production of semiconductor materials and manufacturing equipment with capital investment of USD 300 million or above
28 Feb 2023
United States of America: Government announces CHIPS for America funding opportunity
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