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✉news TechnologySemiconductors first seen 2 d ago, last 2 d ago, peak #33

GlobalFoundries to run two Japan chip plants in $21B investment

Original: GlobalFoundries to operate 2 chip plants with $21B Japan investment

GlobalFoundries will operate two semiconductor plants in Japan as part of a $21 billion investment, according to a Quartz report. The move adds to the wave of global chipmakers expanding capacity outside the United States and Taiwan, with Japan offering subsidies to attract leading-edge manufacturing and shore up its domestic semiconductor supply chain.

Why now: Governments and industry are racing to secure chip supply, making major fab investment announcements big news.

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