Ex-Im Approves $1 Billion Loan to Finance Semiconductor Equipment Exports
The Export-Import Bank of the U.S. approved a $1.03 billion loan to GLOBALFOUNDRIES to finance the export of American-made semiconductor manufacturing equipment to Germany, it said. Four American exporters from California, Massachusetts, and Oregon will participate in the transaction, it…
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said. The loan will support the expansion of the GLOBALFOUNDRIES Fab 1 silicon-wafer-fabrication facility in Dresden, Germany.