{
  "id": 14522426,
  "title": "GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan",
  "url": "https://urgent.news/2026/10/14/globalfoundries-to-open-2-new-chip-plants-in-new-york-with-21-billion",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-14T19:44:03.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/arts-and-life/life/sci-tech/2026/10/14/globalfoundries-to-open-2-new-chip-plants-in-new-york-with-21-billion-in-financing-from-japan"
  },
  "original_language": "en",
  "account": "GlobalFoundries, a computer chip company, announced plans to open two new factories in Malta, New York, with financing of up to $21 billion from Japan. This investment is intended to accelerate semiconductor manufacturing in the U.S. and strengthen critical supply chains. The deal is being facilitated by the Trump administration's trade and investment agreement with the Japanese government. The remaining $10 billion will fund a second plant. GlobalFoundries spokesperson Kenneth Craig stated that the Japanese investment will now shift federal funding to other areas for advancing semiconductor manufacturing.",
  "summary": null,
  "key_points": [
    "GlobalFoundries plans to open two new chip factories in Malta, New York.",
    "$21 billion in financing from Japan will fund the new plants.",
    "Deal facilitated by Trump administration's trade agreement with Japan."
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/14522426.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "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"
      },
      {
        "outlet": "Investing.com",
        "title": "GlobalFoundries options surge on $21B U.S.-Japan chip deal",
        "url": "https://urgent.news/2026/10/14/globalfoundries-options-surge-on-21b-u-s-japan-chip-deal",
        "published": "2026-10-14T18:35:18.000Z"
      }
    ]
  },
  "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."
}