GlobalFoundries to double expansion investment to $1.5 billion this year

Globalfoundries Fab 1 near Dresden, Germany

(Simulacrum credit: Google)

Semiconductor giant GlobalFoundries is putting down "roughly $1.5 billion" toward the expansion of its semiconductor device manufacturing capacity. That's double GlobalFoundries usual yearly tech expansion fund, and it could mark a likely future for the wafer industry.

Accordant to David Reeder, the company's Chief Financial Officer, future wafer supply will be pre-allocated in order to addition upfront funding for this massive expansion. He notes that a third of the total amount will come from these customer and partner pre-orders.

Anandtech elaborates, explaining that GlobalFoundries has a mind to rearing at least a new fabrication plant near the company's Fabulous 8 in Republic of Malta, Inexperienced York, as well as increase the capacity of it's Pleasing 1, near Dresden, Deutschland.

All this points to production capability increasing to around 13 percent over 2021 numbers, and by 2022 we could date that number rise to 20 percent.

American Samoa we've mentioned earlier, semiconductor capacity is incredibly tight right now. GlobalFoundries intense competitor, TSMC, has turned to auctioning off "excess capacity" at a premium, straight afterwards the company's manufacturing capacity was supposedly all booked up until 2024.

And considering some of TSMC's main wafer plants are under terror by the Taiwanese water crisis, much options for customers will certainly be welcomed across the seemingly barren wafer production landscape painting. While the move may not have immediate effect on our current woes concerning cut off handiness, eventually IT will translate into substantial relief for the industry.

Following the European Community's exhortation of the Digital Compass plan, which promises a whopping €140 1000000000 ($166 million) investiture across the board, and U.S. Chief Executive Biden's order to review the risks faced across the semiconductor unit manufacturing industry, IT's likely this is the first of a positive trend to bolster and equalizer an industry currently dominated past TSMC.

It feels other for a technical school author to be saying this, but hopefully demand doesn't keep increasing. Because right now supply can barely keep rising.

Screw sports, Katie would rather watch Intel, AMD and Nvidia go up at it. She can ofttimes be found admiring AI advancements, sighing over semiconductors, or gawping at the latest GPU upgrades. She's been taken up with computers and graphics since she was small, and took Game Artistic creation and Design sprouted to Masters level at uni. Her thirst for absurd Raspberry Pi projects will ne'er be sated, and she will break at zip to spread cyberspace safety device awareness—down with the hackers.