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GlobalFoundries announced Wednesday it will operate two new semiconductor facilities in New York backed by up to $21 billion from Japan. The initial $10 billion investment funds a 300mm fab expected online in 2029, while a second $10 billion investment would fund a second fab.
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Summary by ByteBrief
Japan invests $21 billion in US chip plants

GlobalFoundries Signs $2B Deal With TSMC

Japanese chipmaker Rapidus is partnering with 17 companies, including US-based Synopsys, to help customers design chips; Rapidus has $15B+ in state funding (Reuters)