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US chip giant opens $4bn Singapore plant

GlobalFoundries says AI will be major catalyst for growth in semiconductor industry

The new Singapore plant of GlobalFoundries will produce 450,000 wafers annually when it reaches full capacity by 2025 to 2026. (Photo: Reuters)

SINGAPORE: The world’s third-largest contract semiconductor maker, GlobalFoundries, on Tuesday opened a $4-billion manufacturing plant in Singapore as part of a global expansion to help ease an…

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