{"id":603,"date":"2026-10-14T20:22:20","date_gmt":"2026-10-14T20:22:20","guid":{"rendered":"https:\/\/bugleblast.com\/?p=603"},"modified":"2026-10-14T20:23:19","modified_gmt":"2026-10-14T20:23:19","slug":"japan-21-billion-globalfoundries-new-york-chip-plants","status":"publish","type":"post","link":"https:\/\/bugleblast.com\/?p=603","title":{"rendered":"JAPAN DROPS $21 BILLION ON U.S. CHIP PLANTS! | GlobalFoundries to run New York fabs; Apple and Renesas first in line"},"content":{"rendered":"<p>Tokyo just wrote a very large check for American silicon. Japan will invest about <strong>$21 billion<\/strong> to build up to <strong>two chip factories in New York<\/strong> that will be jointly owned by the U.S. government and Japanese interests and operated by GlobalFoundries, the company said Wednesday (Reuters via Nikkei Asia).<\/p>\n<p>It\u2019s a slice of the broader <strong>$550 billion<\/strong> Japan-to-U.S. investment deal struck last year in exchange for cutting tariffs on Japanese cars and other imports from at least 25% to 15%. Japan puts up the capital; Washington takes equity. GlobalFoundries CEO Tim Breen told Reuters the U.S. stake in the Malta, N.Y.\u2013based foundry rises from about <strong>3%<\/strong> to about <strong>7%<\/strong>. Trump posted that the government values that 7% at more than <strong>$2 billion<\/strong>, after earlier CHIPS-era grants.<\/p>\n<p>Factory one: construction starts this year, production targeted for <strong>2029<\/strong>, adding annual U.S. capacity for about <strong>900,000<\/strong> 300mm wafers when fully online and more than <strong>1,000<\/strong> factory jobs in New York. Partners will decide on plant two before end of <strong>2028<\/strong>. Initial customers named: Japan\u2019s <strong>Renesas Electronics<\/strong> and <strong>Apple<\/strong>.<\/p>\n<p>GlobalFoundries shares jumped more than <strong>4%<\/strong> on the news (up over <strong>39%<\/strong> year to date). The firm will also shift <strong>$955 million<\/strong> previously awarded by Washington toward silicon photonics, silicon-germanium, and advanced packaging at existing Malta and Burlington, Vermont sites. Breen said Japanese toolmakers such as Tokyo Electron should see some of the buildout spend flow back into their ecosystem.<\/p>\n<p>Trump picks the Japan-funded projects. Cash flows split evenly until a threshold, then <strong>90%<\/strong> to the U.S. Japan has already announced over <strong>$100 billion<\/strong> in projects under the scheme. This one puts wafers \u2014 and a bigger Uncle Sam ownership stub \u2014 on New York soil.<\/p>\n<p>Sources: <a href=\"https:\/\/asia.nikkei.com\/business\/tech\/semiconductors\/japan-to-invest-up-to-21bn-in-two-us-chip-factories-to-be-run-by-globalfoundries\">Nikkei Asia \/ Reuters \u2014 Japan to invest $21bn in GlobalFoundries New York fabs<\/a><\/p>\n<p><em>Featured image: AI-generated editorial illustration by Bugle Blast.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GlobalFoundries to run New York fabs; Apple and Renesas first in line<\/p>\n","protected":false},"author":1,"featured_media":599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/bugleblast.com\/wp-content\/uploads\/2026\/10\/bb-japan-gf-chips-1014.jpg","_links":{"self":[{"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/posts\/603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bugleblast.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=603"}],"version-history":[{"count":1,"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/posts\/603\/revisions"}],"predecessor-version":[{"id":604,"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/posts\/603\/revisions\/604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugleblast.com\/index.php?rest_route=\/wp\/v2\/media\/599"}],"wp:attachment":[{"href":"https:\/\/bugleblast.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugleblast.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugleblast.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}