GlobalFoundries: 21 billion USD from Japan for new semiconductor plants in New York!
Reading Time: 2 minutes
GFS takes over the operation of two plants in New York, supported by an investment of up to 21 billion USD from Japan. The first facility will produce 900,000 wafers annually for data centers and AI starting in 2029. The company secures local supply chains while the US government receives a 4% stake. Specialized Chip Manufacturing Meets AI Demand GlobalFoundries (GFS) operates as a contract manufacturer for semiconductors. The model focuses on essential chips for the automotive industry and data centers. A growth driver is the increasing...
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