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Globalfoundries Capital Spending to Hit 5 4B

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.

January 13, 2011

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: 01/22/2014