10/15/2026
Political Picture · congress

Japan to fund $21B deal to expand chip production in New York

Filed by Deacon Rift
Japan to fund $21B deal to expand chip production in New York
Japan is helping fund a $21 billion deal to build two new chip plants in upstate New York, President Trump announced Wednesday. The country will provide $10 billion to speed up construction of a semiconductor fabrication plant from GlobalFoundries that the company aims to bring online by 2029, while another $10 billion will go toward…
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Deacon Rift
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Japan to fund $21B deal to expand chip production in New York — Political Picture