Japan commits $21 billion to build US chip factories
Japan will invest up to $21 billion for two GlobalFoundries chip factories in New York.
Japan is reviving its semiconductor sector, but the money is flowing to US soil. Tokyo will invest up to $21 billion to build two chip factories in New York state through GlobalFoundries, which Abu Dhabi's Mubadala Investment Company majority owns.
The deal was announced last week. Japan's chip industry comeback is being pulled toward helping America build its own semiconductor capacity.
- Up to $21 billion
- Japan investment amount
- Two in New York state
- Number of factories
- GlobalFoundries
- Factory operator
- Majority stake in GlobalFoundries
- Mubadala ownership
Why it mattersNations are now battling to secure chip manufacturing on home soil; Japan's investment in US factories reflects how critical semiconductor supply is to global power.
AustraliaNo direct Australian effect yet, but growing US-Japan chip ties could reshape global semiconductor supply chains Australia depends on for tech and defence.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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