Abu Dhabi's ATIC to invest up to $10 billion in U.S. chip plant

By Stanley Carvalho ABU DHABI (Reuters) - Abu Dhabi's Advanced Technology Investment Company (ATIC) plans to invest up to $10 billion over the next two years in GlobalFoundries' New York semiconductor factory, its chief executive said on Friday. ATIC owns unlisted GlobalFoundries, having completed a buy-out of joint venture partner Advanced Micro Devices in March 2012. ATIC is controlled by Abu Dhabi state investment fund Mubadala.



via Tech News Headlines - Yahoo News http://news.yahoo.com/abu-dhabi-39-atic-invest-10-billion-u-125838097--sector.html