Howard Lutnick(@howardlutnick):Great to be back in upstate New York to announce the huge $21 BILLION funding for two new semiconductor fabs thanks to President Trump’s historic trade deal with Japan. Japan is providing the funding for these high tech production facilities, and our partnership with GlobalFoundries will deliver 2 million silicon wafers from these massive new facilities in upstate New York, creating 27,000 construction and related jobs and more than 1,000 high-skilled high paying manufacturing jobs. We are bringing semiconductor chip manufacturing BACK to America, strengthening our national security, and delivering for our American workers. This is the America First Trade Agenda in action and it builds big!

2026.10.22 13:27

Great to be back in upstate New York to announce the huge $21 BILLION funding for two new semiconductor fabs thanks to President Trump’s historic trade deal with Japan. Japan is providing the funding for these high tech production facilities, and our partnership with GlobalFoundries will deliver 2 million silicon wafers from these massive new facilities in upstate New York, creating 27,000 construction and related jobs and more than 1,000 high-skilled high paying manufacturing jobs. We are bringing semiconductor chip manufacturing BACK to America, strengthening our national security, and delivering for our American workers. This is the America First Trade Agenda in action and it builds big!