https://www.live-feeds.com/feed/japan-to-invest-21-billion-in-up-to-two-globalfoundries-chip-factories-in-new-yorkContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/japan-to-invest-21-billion-in-up-to-two-globalfoundries-chip-factories-in-new-yorkhttps://www.live-feeds.com/feed/japan-to-invest-21-billion-in-up-to-two-globalfoundries-chip-factories-in-new-york#u129290Sat, 17 Oct 2026 21:01:56 +0000Japan will provide $21 billion in financing for GlobalFoundries to build up to two semiconductor fabrication plants in New York. This investment is part of a landmark U.S.-Japan initiative to increase chip production capacity. GlobalFoundries will operate the new facilities to address ongoing industry-wide shortages of semiconductors. Separately, the U.S. Department of Commerce has agreed to reallocate $955 million from an existing CHIPS Program award to GlobalFoundries to speed up investments in advanced packaging, silicon-germanium, and silicon photonics.Why it mattersThe global semiconducto