✉news TechnologySemiconductors first seen 29 d ago, last 29 d ago, peak #28
Japan to invest up to $21 billion in GlobalFoundries New York chip plants
Original: Japan to invest up to $21 billion in two GlobalFoundries chip factories in New York
Japan plans to invest up to $21 billion in two GlobalFoundries semiconductor factories in New York state, according to Reuters. The move would mark an unusual case of Japanese capital funding chip manufacturing capacity on US soil, tying into global efforts to expand semiconductor supply chains and boost production outside Taiwan amid ongoing technology competition with China.
Why now: Cross-border government-backed investment in US chip manufacturing highlights the global race to secure semiconductor supply chains.
JapanGlobalFoundriesNew YorkReuters
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