https://www.msn.com/en-us/money/markets/pentagon-swoops-in-to-buy-last-of-kind-chips-for-b-2-destroyer/ar-AAQrqIv?ocid=msedgdhp&pc=U531
Pentagon Swoops In to Buy Last-of-Kind Chips for B-2
The Pentagon plans to place as much as $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the production line for them is shut down.
GlobalFoundries Inc. has sold the factory in Fishkill, New York, that produces the specialized chips used in GPS-dependent systems, and the new owner won’t be making them.
GlobalFoundries’s $430 million sale of its specialized fabrication, or “Fab 10,” facility to On Semiconductor Corp. is driving these “end-of-life” orders, the company said in a statement.
GlobalFoundries operates manufacturing facilities in the U.S., Europe, and Asia, and it says as many as 250 companies are customers. The company is based in Santa Clara, California, but Mubadala Investment Co., the investment arm of the government of Abu Dhabi, owns 80% of the company.
Pentagon Swoops In to Buy Last-of-Kind Chips for B-2
The Pentagon plans to place as much as $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the production line for them is shut down.
GlobalFoundries Inc. has sold the factory in Fishkill, New York, that produces the specialized chips used in GPS-dependent systems, and the new owner won’t be making them.
GlobalFoundries’s $430 million sale of its specialized fabrication, or “Fab 10,” facility to On Semiconductor Corp. is driving these “end-of-life” orders, the company said in a statement.
GlobalFoundries operates manufacturing facilities in the U.S., Europe, and Asia, and it says as many as 250 companies are customers. The company is based in Santa Clara, California, but Mubadala Investment Co., the investment arm of the government of Abu Dhabi, owns 80% of the company.