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Globalfoundries CEO Caulfield Stands Up for the 70%
- hitpointdrew 5y ago>the Biden Administration to earmark $50 billion to ensure that more advanced semiconductor manufacturing gets performed domestically, Tom Caulfield is scrapping for recognition for a chip company that is already here, that is already doing advanced IC manufacturing I think the heart of the argument isn't just "domestically performed" but "domestically owned", which Globalfoundries is not. They are owned 100% by Mubadala. >Mubadala Investment Company PJSC is an Emirati state-owned holding company that can be characterized as a sovereign wealth fund.