Japan Invests $21B in Globalfoundries' New York Chip Facilities

WHO:

Bloomberg - GlobalFoundries Inc. is the company planning to build the chip plants.

IJR - The Japanese government is providing financial backing for the project.

WHAT:

Bloomberg - GlobalFoundries plans to build two "essential chip" plants.

IJR - Japan plans to invest up to $21 billion for the two chip fabs.

WHERE:

Bloomberg - The chip plants will be located in Malta, New York.

WHEN:

IJR - The U.S. is set to increase its equity stake in GlobalFoundries to roughly 7%.

WHY:

Bloomberg - The investment is part of a broader strategy to enhance semiconductor manufacturing capabilities.

HOW:

IJR - The U.S. will take a 4% stake in GlobalFoundries as part of the investment arrangement.

(UPDATED October 14, 2026 17:06 UTC)

GlobalFoundries is planning to build two essential chip plants in Malta, New York, with financial backing from the Japanese government, which is set to invest up to $21 billion in the project. As part of this investment arrangement, the U.S. is also increasing its equity stake in GlobalFoundries to roughly 7%, including a 4% stake from the U.S. government. This initiative is part of a broader strategy to enhance semiconductor manufacturing capabilities in the country.