StatementDog | AI & Tech Supply Chains(@statementdog):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.

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StatementDog | AI & Tech Supply Chains@statementdog

2026.10.14 20:53

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.

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