GlobalFoundries to Build Two Chip Fabs With Up to $21 Billion Funding

Last updated: October 14, 2026 5:40 pm

GlobalFoundries plans to build two new semiconductor-manufacturing facilities in New York under a U.S.-Japanese initiative providing up to $21 billion in funding.

Source: MarketWatch Markets

Share This Article

ByThe True Post

The newsroom of The True Post.

Top Stories

Dad fined after son, 2, died in Cyprus hotel fall

U.S. judge rejects Gemini’s appeal to void $5 million settlement despite CFTC backing

With Tesla Roadster debut, Elon Musk shows "flying cars are real"

Stay Connected

GlobalFoundries to Build Two Chip Fabs With Up to $21 Billion Funding

Leave a Reply Cancel reply

Related Stories

Global debt tops $365 trillion as economists sound alarm over 'vicious cycle'

Money Managers Are Asking Clients to Give the Bond Market Another Chance

U.S. Natural Gas Futures Regain Ground

Inflation sizzled in September — and Social Security benefits will get a boost

Research on grasping bureaucrats startles Singapore

Monte dei Paschi Pushes Back Against Intesa’s Sweetened Bid

London’s Private Markets Exchange Completes Another Auction

An Israel-Bound Flight Plunged After a Cockpit Stabbing. Then Passengers Intervened.

Sections

The Newsroom