Mmastodon TechnologySemiconductors first seen 2 d ago, last 1 d ago, peak #4
Japan to invest $21 billion in GlobalFoundries New York chip plants
Original: Japan will invest up to $21 billion in two new GlobalFoundries chip factories in Malta, New York. The funding will come
Japan will put up to $21 billion toward building two new GlobalFoundries semiconductor fabrication plants in Malta, New York. The unusual arrangement, with Japanese funding supporting chip production on American soil, reflects ongoing efforts by allied governments to expand and secure global chip manufacturing capacity amid continued supply-chain concerns.
Why now: Japan backing major US chip manufacturing highlights growing international cooperation in the strategically vital semiconductor industry.
JapanGlobalFoundriesMalta, New York
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