GLOBALFOUNDRIES(US:GFS) Sou Hu Cai Jing·2025-10-30 05:14Core Viewpoint - GlobalFoundries plans to invest €1.1 billion to expand its manufacturing capacity at the Dresden facility, aiming to produce over 1 million wafers annually by the end of 2028, making it the largest of its kind in Europe [2] Group 1: Investment and Expansion - The expansion, known as the SPRINT project, is expected to receive support from the German federal government and the state of Saxony under the European Chips Act, with EU approval anticipated later this year [2] - This investment highlights Saxony's role as a key center for semiconductor manufacturing and innovation, reinforcing the strategic goal of enhancing Europe's supply chain resilience [2][3] - GlobalFoundries has invested over €10 billion in its Dresden facility since 2009, marking it as one of the largest industrial investments in Germany [3] Group 2: Technological Focus - The new manufacturing capacity will focus on differentiated technologies, including low-power, embedded secure memory, and wireless connectivity, which are critical for meeting the chip demands in automotive, IoT, defense, and critical infrastructure applications [2] - The investment will also support ongoing innovations in next-generation computing architectures and quantum technologies over the next decade [2] Group 3: Industry Context - Recent disruptions in the automotive industry have highlighted the vulnerabilities in the global chip supply chain, prompting GlobalFoundries to expand its manufacturing footprint in Europe, the US, and globally [3] - The company aims to strengthen its role as a resilient and trusted partner for key industry clients, especially as physical AI technologies emerge [3]