GlobalFoundries Officially Opens US$4 Billion Expansion Facility in Singapore, Creating 1,000 New Jobs

SINGAPORE, SEPTEMBER 12, 2023 – GlobalFoundries (NASDAQ: GFS) (GF) today announced the official opening of its US$4 billion (S$5 billion) expansion fabrication plant (“fab”) in Singapore. The 23,000sqm fab will create 1,000 high-value jobs in Singapore, 95 percent of which will include equipment technicians, process technicians and engineers.