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Thursday, October 15, 2026

GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan

MALTA, N.Y. (AP) — Computer chip company GlobalFoundries Inc. said Wednesday it plans to open two factories in Malta, New York, financed by an investment of up to $21 billion from Japan. The company said the deal was made possible by the Trump administration’s trade and investment agreement with the …

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