GlobalFoundries shifts HQ from Silicon Valley to join its tip-top chip fab in New York

US chip maker GlobalFoundries will move its headquarters from Santa Clara, California, to Malta, New York, to be closer to its most advanced plant, Fab 8. The move was announced on Monday by CEO Tom Caulfield and Senator Chuck Schumer (D-NY). "GF's Fab 8 in New York is a $15bn...