EU clears French measure to help STMicroelectronics and GlobalFoundries build new chip factory

On April 28, the European Commission cleared under EU State aid rules a French measure to help STMicroelectronics N.V. (ST) and GlobalFoundries ('GF') build and operate a new facility production of electronic chips in France.
The aid will take the form of direct grants to ST and GF to support their investments in the....

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