Core Viewpoint - GlobalFoundries is investing 1.1 billion euros ($1.28 billion) to expand its manufacturing capabilities in Germany, aiming to increase production capacity significantly by 2028 [1][2]. Group 1: Investment and Expansion - The investment will enhance the production capacity at the Dresden facility to exceed one million wafers annually by the end of 2028 [1]. - The expansion project, named SPRINT, will upgrade the facility to provide end-to-end European processes and data flows for critical semiconductor security requirements [2]. Group 2: Government Support and Historical Investment - The expansion is expected to receive support from the German federal government and the State of Saxony, with reports indicating several hundred million euros in backing [2][3]. - Since 2009, GlobalFoundries has invested over 10 billion euros in the Dresden site [3].