GlobalFoundries Secures $21 Billion for New Chip Factories Under U.S.-Japan Agreement
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Author:小编   

GlobalFoundries Inc. plans to build two new chip factories with support of up to $21 billion from the Japanese government. As part of the agreement, the U.S. will hold a 4% stake in the company. According to the deal announced on Wednesday, GlobalFoundries will operate these factories in upstate New York, jointly owned by the U.S. and Japan, with funding sourced from Japan's committed $550 billion investment in the U.S.