{
  "id": 14887540,
  "title": "Technology: Chip company Globalfoundries invests another billion in Dresden",
  "url": "https://urgent.news/2026/10/16/technologie-chipkonzern-globalfoundries-investiert-weitere-milliarden",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-16T06:21:52.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/it-internet/technologie-globalfoundries-investiert-weitere-milliarden-in-dresden/100262512.html"
  },
  "original_language": "de",
  "account": "Globalfoundries plans to expand its Dresden plant by 1.5 billion euros starting in 2028. The company is currently investing 1.1 billion euros in the site, with the state contributing almost half of that amount. The expansion is expected to increase chip production by over 70% from current levels, with mass production in the new clean rooms set to begin next year. Dresden is currently the largest site of a contract chipmaker in Europe, with 3000 employees, and the company produces specialized semiconductors for other chipmakers.",
  "summary": "The US chip company plans to expand its plant in Silicon Saxony. The factory has been fully utilized for years, and the expansion is coming at the right time: the industry needs new capacities.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Handelsblatt",
        "title": "Globalfoundries: Japan pays $21 billion for two US chip factories",
        "url": "https://urgent.news/2026/10/15/globalfoundries-japan-zahlt-21-milliarden-dollar-fur-zwei-us",
        "published": "2026-10-15T05:02:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}