EconomicUnited States·Unpinned14 Oct 2026
Japan to invest up to $21 billion in two US GlobalFoundries chip factories
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Japan committed to invest up to $21 billion in two chip factories in New York to be operated by GlobalFoundries, as part of a larger $550 billion investment deal between the U.S. and Japan. This arrangement, which also involved the U.S. lowering tariffs on Japanese imports from at least 25% to 15%, resulted in the U.S. government acquiring a 4% stake in…
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Channel NewsAsia
BroadcasterCompany ownedSingaporeStandards not yet verified
The Hill
Digital newsroomCompany ownedUnited StatesStandards not yet verified
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