this post was submitted on 20 Feb 2024
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I am very very confused.
GlobalFoundaries just sold their chip fab in Fishkill NY in Feb 2023 source
Why are they now building a new chip fab in NY again?
I think that's just an old IBM plant they inherited. They're actually head quartered out of Malta, NY and had their flagship foundry there, but I think dresden is currently their most advanced plant. It goes back and forth with node advancements
Probably to produce new nodes. You can't just reuse old equipment.