Japan has announced plans to invest billions in constructing up to two semiconductor manufacturing plants in New York through a partnership with GlobalFoundries. The move aims to bolster domestic chip production and strengthen supply chains amid global shortages and geopolitical tensions. The facilities would be among the most advanced in the world, supporting high-tech industries and creating thousands of jobs. This development marks a significant step in Japan’s efforts to reduce reliance on overseas chip suppliers.
Japan to invest $21 billion in up to two GlobalFoundries chip factories in New York Central Oregon Daily
