ALBANY — Gov. Kathy Hochul announced on Thursday that GlobalFoundries, a leading manufacturer of semiconductors located in Saratoga County, will invest $575 million to create a new center for advanced packaging and testing, and an additional $186 million for research and development over the next 10 plus years within its Malta manufacturing facility.
The New York Advanced Packaging and Photonics Center will expand GlobalFoundries’ advanced packaging capabilities — which is a critical part of the design and manufacture of chips. These efforts are expected to create 102 new full-time jobs in the Capital Region over the next five years…