Gov. Andrew Cuomo's economic development agency is giving GlobalFoundries $7.5 million to help pay for a new, $210 million extreme ultraviolet lithography tool being installed at its Fab 8 computer chip factory in Malta.

The grant is coming from a $208 million pool of money set aside in the latest state budget for various SUNY Polytechnic Institute programs across the state that needed attention following the school's bid-rigging scandal.

In this case, the grant to GlobalFoundries will help pay for $89.1 million in upgrades to a $120 million extreme ultraviolet, or EUV, lithography tool that was originally supposed to be installed at SUNY Poly for a research partnership with the school.

The tool, called the NXE: 3300, is made by the Dutch company ASML.

After the SUNY Poly scandal broke, the EUV partnership between SUNY Poly and GlobalFoundries fell apart, followed by rumors that SUNY Poly owed GlobalFoundries more than $100 million.

By: DocMemory
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