A major U.S. semiconductor manufacturer has been chosen to build and operate two advanced chip fabrication plants in New York as part of a historic collaboration between the United States and Japan. The agreement aims to bolster domestic semiconductor production and strengthen supply chain resilience amid ongoing global shortages. Under the initiative, the company will contribute to expanding high-tech manufacturing capacity while supporting local job creation and economic growth. Details on the specific investments and long-term implications for the industry remain under discussion.
GlobalFoundries selected to operate two new semiconductor fabs in New York under landmark U.S.-Japan initiative GlobalFoundries
