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A foreign government taking joint ownership of American chip capacity, while Commerce lifts its own stake, marks a new phase in state-backed semiconductor supply.
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SITUATION DETECTED: Japan will invest up to $21 billion in two new semiconductor fabs in Malta, New York, to be operated by GlobalFoundries and jointly owned by the U.S. and Japan. The U.S. Department of Commerce is also taking a 4% stake in GlobalFoundries.Read original on X
The Department of Commerce is taking an additional 4% stake in GlobalFoundries as part of this deal, Commerce now owns approximately 7%.Read original on X
Japan bets $21 billion on GlobalFoundries fabs in New York
Japan bets $21 billion on GlobalFoundries fabs in New York
Japan bets $21 billion on GlobalFoundries fabs in New York
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
Japan commits $21 billion to US chip fabs as Commerce deepens stake
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