GlobalFoundries and the U.S. Commerce Dept have finalized a $21B semiconductor deal for Malta, New York: - 2 new fabs funded by Japanese capital - ~27K construction and ecosystem jobs plus 1,000+ manufacturing roles - $955M in CHIPS funding allocated to silicon photonics and packaging - U.S. takes a ~4% equity stake valued at ~$2B In the AI race, raw compute is useless without optical interconnects, these fabs build the silicon photonics needed to stop massive AI data clusters from melting under bandwidth and power bottlenecks.

GlobalFoundries $GFS has been selected as the technology provider and operator for two planned fabs in Malta, New York, under a U.S.-Japan initiative with up to $21 billion in funding from Japan. About $10 billion will go toward the first 300 mm fab, which is expected to come online in 2029. Once fully operational, it would add capacity for roughly 900,000 wafers a year. GF expects construction to begin later in 2026. A further investment of about $10 billion would fund a second fab with similar capacity.

GlobalFoundries plans to build two new chip plants with the backing of as much as $21 billion from the Japanese government, part of an arrangement that also includes the US taking a 4% stake in the company.

GLOBALFOUNDRIES $GFS PLANS TWO NEW CHIP PLANTS IN NEW YORK WITH UP TO $20B FROM JAPAN The US Commerce Department will also take about a 4% stake in the company, per WSJ. - Japan invests about $10B per plant, part of its $550B US investment pledge - Both plants go at its Malta, NY site - The first plant is expected online in 2029 - $955M of its existing CHIPS Act award gets moved to new chip tech

#GlobalFoundries# reaches agreement to establish U.S.-based supply of silicon interposers for advanced AI packaging Multi-year $2 billion agreement will expand capacity for advanced packaging ecosystem and support growing demand for AI and high-performance computing technologies

GlobalFoundries, TSMC Strike $2B Deal for U.S. AI Chip Packaging Components - #semiconductordigest# #semiconductors# #semiconductor# #semiconductorindustry# #semiconductorwebsite# #semiconductormagazine#

GlobalFoundries shares gained as much as 7% after the chip manufacturer announced a five-year, $2 billion deal to provide US production capacity to Taiwan Semiconductor Manufacturing