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

The Hill - Oct 14, 2026

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

More News

Arellano: Karen Bass says L.A.'s political establishment doesn't like Raman. Well, boo hoo

Gun-toting suspect hid rifle in a guitar case, police in Northern California say

Netflix laying off 6 percent of its workforce, marking biggest round of job cuts in years

Westside particularly vulnerable as powerful Santa Ana winds bring fire danger, experts say

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Katie Zacharia makes her debut as White House press secretary

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Musk steps back into politics with redefined DC role

Commentary: Bass vs. Raman: Here's who won the L.A. mayoral debate

Bass and Raman trade blows over police chief in final debate of L.A. mayor's race

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