Japan to Invest Up to $21 Billion in GlobalFoundries' U.S. Semiconductor Manufacturing Facilities

Japan is set to invest up to $21 billion in two new U.S. chip factories operated by GlobalFoundries, marking Japan's first significant foray into U.S. semiconductor manufacturing. This strategic investment aims to bolster semiconductor supply chains and foster international collaboration in advanced chip production. The deal involves a funding arrangement where Japan will contribute capital, with a portion flowing back to Japanese chip-manufacturing toolmakers.