ChipsThe Next Webabout 1 hour ago
Japan Funds Two GlobalFoundries Chip Fabs
3 min read
Japan commits up to $21bn to build two new chip factories at GlobalFoundries in New York. The US government receives a 7% equity stake in the joint venture. The first 300mm fab opens in 2029, creating 27,000 jobs. Early customers include Renesas and Apple.
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