Lark Davis(@LarkDavis):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.

2026.10.14 22:36

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.