The CHIPS for America award will provide GlobalFoundries up to $1.45 billion in total direct funding under the CHIPS and Science Act to support the construction of a new, large-scale 300mm fabrication facility, the expansion and modernization of an existing fabrication facility, and the expansion of existing campus to provide advanced packaging technology not currently available in the U.S. It will also support the expansion of the existing Malta, New York fabrication facility, which includes a strategic agreement with General Motors, that is expected to secure a dedicated supply of essential semiconductor technologies.