SCHUMER APPLAUDS $300 MILLION FEDERAL CH...

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  "detected_at": "2026-07-29T15:36:56+00:00",
  "company": {
    "name": "GlobalFoundries",
    "domain": "gf.com"
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  "data": {
    "url": "https://www.schumer.senate.gov/newsroom/press-releases/schumer-applauds-300-million-federal-chips-award-for-globalfoundries-from-his-chips-and-science-law-to-boost-domestic-silicon-photonics-research_development",
    "title": "SCHUMER APPLAUDS $300 MILLION FEDERAL CH... - schumer.senate.gov",
    "excerpt": "Schumer Previously Delivered Whopping $1.5B+ Award From His CHIPS & Science Law For GlobalFoundries To Spur A $16B Expansion Of Current Fab & Build New, State-Of-The-Art Second Manufacturing Facility And Advanced Packaging In Malta, And $375 CHIPS R&D Award To Launch New Quantum Technology GlobalFoundries Business Schumer Explains Silicon Photonics Research And Development Is Critical To Move Data More Quickly To Power AI And High-Performance Computing Schumer: More Fed $$ For GlobalFoundries To Grow In Capital Region! U.S. Senator Chuck Schumer today announced that GlobalFoundries is receiving a letter of intent from the U.S. Department of Commerce to award up to $300 million in federal funding from Schumer’s CHIPS & Science Law for accelerating domestic silicon photonics research and development to support artificial intelligence (AI) infrastructure. “GlobalFoundries is powering the future of AI right here in the Capital Region. The silicon photonics that GlobalFoundries will develop in the Capital Region will help ensure AI and high-performance computing systems stay at the cutting-edge, which is critical to American competitiveness and national security,” said Senator Schumer. “This critical research and technology development by GlobalFoundries is made possible by federal investment from my CHIPS & Science Law, which further positions Upstate NY as a global hub for...",
    "product": "silicon photonics",
    "summary": "GlobalFoundries will use federal funding to advance next-generation optical materials, wafer technologies, and advanced packaging for silicon photonics across its facilities in Malta, NY, and Burlington, VT.",
    "location": "Malta, NY",
    "planning": true,
    "image_url": "https://www.schumer.senate.gov/assets/images/sharelogo.jpg",
    "confidence": 0.9,
    "product_data": {
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    "published_at": "2026-07-29T15:36:56Z",
    "location_data": [
      {
        "city": "Malta",
        "state": "New York",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Specifically, this federal funding will support GlobalFoundries’ work advancing next-generation optical materials, wafer technologies and advanced packaging across its facilities in Malta, NY and Burlington, VT."
  }
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