GlobalWafers to boost U.S. investment to $7.5B amid soaring chip demand

GlobalFoundries headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

GlobalWafers (NASDAQ:GFS), a TSMC (TSM) supplier, is looking to boost its investments in the U.S. to $7.5B amid increased demand as President Donald Trump pushes to expand domestic manufacturing.

The Taiwan-based semiconductor silicon wafer company plans to more than double its U.S. investment

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