GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan
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By The Associated Press
MALTA, N.Y. (AP) — Computer chip company GlobalFoundries Inc. said Wednesday it plans to open two factories in Malta, New York, financed by an investment of up to $21 billion from Japan.
The company said the deal was made possible by the Trump administration’s trade and investment agreement with the Japanese government. It said the initiative will accelerate semiconductor manufacturing in the U.S. and strengthen critical supply chains.
The company previously received some
MALTA, N.Y. (AP) — Computer chip company GlobalFoundries Inc. said Wednesday it plans to open two factories in Malta, New York, financed by an investment of up to $21 billion from Japan.
The company said the deal was made possible by the Trump administration’s trade and investment agreement with the Japanese government. It said the initiative will accelerate semiconductor manufacturing in the U.S. and strengthen critical supply chains.
The company previously received some
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