UAE-backed GlobalFoundries to run two chip plants under $21bn US-Japan deal
The National · 14 Oct 2026

UAE-backed GlobalFoundries to run two chip plants under $21bn US-Japan deal

Japan is set to invest up to $21 billion in two chip-production plants in New York state that will be operated jointly by GlobalFoundries and the US government, the semiconductor manufacturer said on Wednesday. In a separate agreement, the Commerce Department will take a 4 per cent equity stake in t


⬅ Back home Read full article ➡