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US-Japan1 min read

GlobalFoundries Gets $21 Billion for Plants in US-Japan Deal

GlobalFoundries Inc. 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.

By Ian King and Maggie EastlandBloomberg Technology

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Originally published by Bloomberg Technology on Oct 14, 2026.

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