GlobalFoundries to build and operate two new chip fabs in NY as part of $21bn US-Japan deal

GlobalFoundries to build two New York chip plants in $21bn pact

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·14 Oct 2026, 15:11·United States

GlobalFoundries to build and operate two new chip fabs in NY as part of $21bn US-Japan deal

Contract chipmaker GlobalFoundries is set to construct and manage two semiconductor fabrication plants in New York state under a $21bn bilateral initiative between the United States and Japan. Commercial operations at the initial manufacturing facility are projected to commence in 2029.

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This summary was written by the GPU Data Hub desk from reporting published by Data Center Dynamics on 14 Oct 2026, 15:11. Read the full article at the original publisher.

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