GlobalFoundries CEO Thomas Caulfield said in a statement the chips legislation “protects U.S. economic, supply chain and national security by accelerating semiconductor manufacturing on American soil.”
The companies said the summit would bring them together with government officials to “discuss how these public investments can accelerate semiconductor and emerging technology manufacturing, support the electrification of automobiles with a ready supply of chips, including feature-rich chips, and strengthen the United States’ economy, supply chains, and national security.”