{
  "id": 14465749,
  "title": "Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries",
  "url": "https://urgent.news/2026/10/14/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run-14465749",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-14T14:12:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20261014/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run-by-globalfoundries"
  },
  "original_language": "en",
  "account": "Japan plans to invest up to $21 billion in the construction of two new semiconductor factories in New York state, which will be jointly owned by the U.S. government and Japanese entities. The factories will be operated by GlobalFoundries, a company based in Malta, New York. The company's stock saw a nearly 5 percent increase in premarket trading following the announcement. Its value has risen more than 33 percent so far this year. This investment is part of a broader agreement where Japan will allocate $550 billion to the U.S., following a deal struck by the Trump administration in 2020. In exchange for lowering tariffs on Japanese imports from 25 percent to 15 percent, the U.S. will acquire a stake in the new chip factories. The U.S. government will also hold a 4 percent stake in GlobalFoundries, increasing its overall ownership of the company. GlobalFoundries, which is majority-owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, will generate revenue from building, operating the factories, and licensing chip manufacturing technology to them.",
  "summary": "Japan will invest up to $21 billion in two chip factories in New York state that will be jointly owned by the U.S. government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday. Shares of the Malta, New York-based company rose nearly 5 percent in premarket trading. As of last close, the stock had gained more than 33 percent so far this year. The move is part of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries",
        "url": "https://urgent.news/2026/10/14/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run-14451114",
        "published": "2026-10-14T12:30:43.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries",
        "url": "https://urgent.news/2026/10/14/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run",
        "published": "2026-10-14T12:48:54.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries",
        "url": "https://urgent.news/2026/10/14/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run-14457610",
        "published": "2026-10-14T12:53:46.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "GlobalFoundries tapped to run 2 new chip plants backed by $21 billion from Japan",
        "url": "https://urgent.news/2026/10/14/globalfoundries-tapped-to-run-2-new-chip-plants-backed-by-21-billion",
        "published": "2026-10-14T13:20:26.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries",
        "url": "https://urgent.news/2026/10/14/japan-to-invest-up-to-21-billion-in-two-us-chip-factories-to-be-run-14461693",
        "published": "2026-10-14T13:52:03.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "UAE-backed GlobalFoundries to run two chip plants under $21bn US-Japan deal",
        "url": "https://urgent.news/2026/10/14/uae-backed-globalfoundries-to-run-two-chip-plants-under-21bn-us-japan",
        "published": "2026-10-14T14:20:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}