GlobalFoundries Plans Billion-Euro Investment to Expand Chip Manufacturing in Germany

€1.1 billion planned investment to scale manufacturing and infrastructure in Dresden and boost Europe’s semiconductor supply chain resilienceDRESDEN, Germany, Oct. 28, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced plans to invest €1.1 billion to expand its manufacturing capabilities at its Dresden, Germany site. The investment will enable a production capacity increase to more than one million wafers per year by the end of 2028, making it the largest site of its kind in Europe. ...