ChipsWall Street Journalabout 1 hour ago
GlobalFoundries builds two chip plants with $21B
4 min read
GlobalFoundries Inc. plans to open two chip-making factories in Malta and New York, financed by up to $21 billion from Japan. Roughly $10 billion accelerates a plant opening in 2029, while the other $10 billion funds a second site. The deal relies on the Trump administration's trade agreement with Japan, driven by surging semiconductor demand from AI and data centers.
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