To Washington’s relief, GlobalWafers to spend $5 billion on Texas plantLaura Dobbersteinon June 28, 2022 at 05:45 The Register

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Cash had been burning a hole in company’s pocket after deal to buy Siltronic fell through

Taiwan’s GlobalWafers announced on Monday a new use for the $5 billion it first earmarked for a purchase of Germany’s Siltronics: building a 300-millimeter semiconductor wafer plant in the US state of Texas.…

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