GlobalFoundries to build two chip plants in New York with Japanese funding
The short version
- GlobalFoundries Inc. plans to open two chip factories in Malta, New York.
- The project is financed by an investment of up to US$21 billion from Japan.
- Japan will provide funding to accelerate construction of the facilities.
- GlobalFoundries aims to bring the plants online by 2029.
What we don’t know yet
- Which Japanese entities or institutions are providing the funding.
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Coverage compared
How coverage grew
First reported by The Hill Japan to fund $21B deal to expand chip production in New York
Toronto Star GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan
CTV News GlobalFoundries to open two new chip plants in New York with US$21 billion in financing from Japan
All 3 articles
- CTV News, centreGlobalFoundries to open two new chip plants in New York with US$21 billion in financing from Japan
- Toronto Star, left-leaningGlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan
- The Hill, centreJapan to fund $21B deal to expand chip production in New York