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The Department of Commerce's CHIPS Program Office has amended GlobalFoundries' existing award, reallocating up to $955m in incentives. GlobalFoundries will expand its capital investment in Malta, NY and Burlington, VT to $5bn.

Fraunhofer ISIT manufactures specialized semiconductor chips for IMS Nanofabrication's multibeam electron-beam systems, which write photomasks used in EUV lithography at 5 nm and below.

GlobalFoundries has been selected as technology provider and operator for two new semiconductor fabs at its Malta, New York, site under a U.S.-Japan initiative providing up to $21 billion in funding.

GlobalFoundries was selected as technology provider and operator for two new fabs at its Malta, New York, site under a U.S.-Japan initiative providing up to $21 billion in funding. An initial investment of approximately $10 billion will accelerate construction of a new 300mm fab expected to come online in 2029.

SkyWater Technology and D-Wave Quantum Inc. announced a multi-year agreement to continue specialized semiconductor process development and manufacturing for D-Wave's quantum technology roadmap.

Applied Materials opened its Equipment and Process Innovation and Commercialization (EPIC) Center in Silicon Valley on Oct. 12. The company bets $5 billion on the facility to develop future semiconductor technologies.