US and Japan Discuss New Chip Factory
Japan and the United States are reportedly discussing plans to build a new semiconductor factory. The project could cost up to three trillion yen and be operated by GlobalFoundries.
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Japan and the United States are discussing a semiconductor factory project worth up to $19.27B as part of a $550B bilateral investment framework. The venture would focus on logic semiconductors under the operation of GLOBALFOUNDRIES INC, according to the Nikkei business daily on Thursday morning. The facility represents a multi-billion-dollar push to secure advanced chip supply chains between the two allies.
