GlobalFoundries has been selected as the technology provider and operator for two new semiconductor manufacturing facilities at its Malta, New York, campus under a U.S.-Japan initiative providing up to $21 billion in funding. Pasted markdown
The initiative stems from a U.S.-Japan trade and investment agreement and is designed to expand semiconductor manufacturing capacity in the United States while strengthening supply chains serving automotive, industrial, connected infrastructure, and other markets.
Japan will provide the investment, while GlobalFoundries will contribute its semiconductor technologies, manufacturing expertise, and operational capabilities.
An initial investment of approximately $10 billion is expected to accelerate construction of a new 300mm semiconductor fab scheduled to come online in 2029.
An additional investment of approximately $10 billion would fund construction of a second fab at the Malta site.
The first facility is expected to add approximately 900,000 300mm wafers of annual U.S. manufacturing capacity when fully operational. A second fab would add approximately the same amount.
GlobalFoundries expects the broader project to create approximately 27,000 construction and semiconductor ecosystem jobs along with more than 1,000 high-skilled manufacturing jobs in New York’s Capital Region.
The company plans to break ground on the first fab later in 2026. GlobalFoundries said the Malta site is already permitted and shovel-ready, allowing the project to use existing infrastructure to accelerate construction.
Separately, GlobalFoundries agreed with the U.S. Department of Commerce to amend its existing CHIPS and Science Act award and reallocate $955 million to accelerate investments in silicon photonics, silicon-germanium technology, and advanced packaging.
The company will make those investments at its facilities in Malta and Burlington, Vermont, to increase U.S. manufacturing capacity for technologies used in communications infrastructure and data centers.
Under a separate agreement, the U.S. Department of Commerce will receive an equity interest of approximately 4% in GlobalFoundries.
The expansion also builds on GlobalFoundries’ relationships with customers and semiconductor industry partners in the United States and Japan.
Renesas said it is planning around the new New York capacity as an extension of its own production footprint, while Tokyo Electron expects to support the expanded semiconductor manufacturing ecosystem.
Apple also highlighted its existing relationship with GlobalFoundries to manufacture chips for Apple products in the United States, while Cirrus Logic said the new facilities will provide access to additional domestic capacity for next-generation mixed-signal products.
General Motors said the additional domestic manufacturing capacity could support a stronger semiconductor supply chain as vehicles require greater processing power for technologies including centralized computing, artificial intelligence, autonomy, and software-defined vehicle systems.
KEY QUOTES:
“This is a bold new initiative for semiconductor manufacturing, bringing together the United States and Japan with GF’s differentiated technology and decades of manufacturing expertise to accelerate trusted capacity in New York. GF was selected because fabs of this scale require more than capital. They require differentiated technology, operational excellence and a proven ability to execute. That combination is what positions GF to make this first-of-its-kind initiative a success.”
Tim Breen, Chief Executive Officer of GlobalFoundries
“President Trump’s historic U.S.-Japan Trade Deal is delivering another massive manufacturing investment into America. With Japan’s investment funding and GlobalFoundries’ partnership, two large semiconductor chip manufacturing facilities will be built in the U.S., creating thousands of high-paying jobs for American workers. This is how the President’s trade agreements result in transformational American industrial assets that strengthen our national and economic security.”
Howard Lutnick, U.S. Secretary of Commerce
“GlobalFoundries’ expansion in Malta is a tremendous vote of confidence in New York’s world-class workforce, innovation ecosystem and the Capital Region’s growing role as a global hub for semiconductor manufacturing and innovation. We also look forward to working with the Government of Japan and partnering with their world-leading semiconductor supply chain ecosystem in the years to come. This investment will create thousands of construction jobs, support more than 1,000 highly skilled manufacturing jobs and reinforce New York’s position as a global hub for the semiconductor industry.”
Kathy Hochul, Governor of New York
“Since 2009, the people of this site have built one of the nation’s most advanced semiconductor manufacturing operations. These two great countries entrusting GF to operate two new fabs is a powerful vote of confidence in our workforce, our technology and New York’s Capital Region. With the potential to create thousands of new jobs, we are working with education and workforce partners to build the next generation of semiconductor talent. This is a milestone for our employees, our region and the future of advanced manufacturing in New York.”
Grant McEwan, General Manager of Fab 8 at GlobalFoundries
“We’ve partnered with GlobalFoundries to produce essential chips for Apple products right here in the United States, as part of our $600 billion commitment to American investment. As an inaugural member of Apple’s American Manufacturing Program, GlobalFoundries shares our belief in the power of American innovation and ingenuity. This new investment will help accelerate the advanced semiconductor manufacturing ecosystem in the United States.”
Sabih Khan, Chief Operating Officer of Apple
