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Second chip fab to be built in Malta: Sen. Schumer.

Accompanied by Commerce Secretary Gina Raimondo, Sen. Chuck Schumer announced July 19 that Global Foundries will build a second chip fab in Malta. “At the Fab 8 groundbreaking 12 years ago, I knew how significant it would be for the Capital Region, however, few understood just how transformational it would be: thousands of construction jobs, 3,000 permanent workers, a booming housing and retail economy in the region, and really placing Upstate New York on the global semiconductor industry map,” Schumer said. “Today, I say: let the sequel be not equal, but even better!” More in this story here.