Franceās Multibillion-Euro Investment Propels Chip Manufacturing in Crolles
On June 5th, 2023, France announced its commitment to providing 2.9 billion euros ($3.10 billion) in state aid to support a significant investment by chipmakers STMicroelectronics and GlobalFoundries. The investment amounts to 7.5 billion euros and aims to establish a semiconductor factory in Crolles, southeastern France. STMicroelectronics (Image source: STMicroelectronics) During a joint press conference…
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