Summary: GlobalWafers, a Taiwanese silicon wafer manufacturer, opened a new $3.5 billion wafer facility in Texas and plans to invest an additional $4 billion in the U.S. to meet growing customer demand. The plant, the first of its kind in over two decades, is part of the Biden administration’s CHIPS for America program and will receive $406 million in U.S. government grants.

Link: https://www.channelnewsasia.com/business/globalwafers-opens-new-us-factory-plans-additional-4-billion-investment-5134051