January 13, 2011
Computer chip manufacturer GlobalFoundries will double its capital expenditures to $5.4 billion this year as the company builds its new plant in Malta and expands operations in Germany and Singapore.
GlobalFoundries is investing a total of $4.6 billion to build its Malta plant. Much of that money will be spent this year as the company begins to install multi-million dollar chip making tools.
Last Updated: 05/14/2013