GlobalFoundries has invested $55 million into its Essex Junction plant to make another 5 million chips a day. Those semiconductors mostly will go into cell phones and tablets used worldwide. In fact, they'll be put into nearly every smart phone. Depending on the make and model, 5-12 Vermont chips are used in every device.
With the investment in hardware, the Vermont fab will increase total output by 15 percent to 10 billion chips a year. Yes, that's billion with a B.