TechHighReported
7.8
Japan to Invest Up to $21B in GlobalFoundries' New York Fabs
Valor Econômico·US · JP·about 10 hours ago
Japan announced a $21 billion investment in two semiconductor plants in the US, with joint US-Japan ownership. GlobalFoundries will grant the US government 4% of its capital, adding to the 1% stake acquired via a $300 million subsidy. This follows a broader $550 billion Japanese investment pledge in the US, signaling deepening bilateral tech supply chain integration.
Entities