Newshot
Account

GlobalFoundries breaks ground on new US fab: Japan provides funding, first plant to start production in 2029

Source: IT之家 Published: Business & Funding 中文
AI summary

GlobalFoundries announced yesterday local time that the first of two fabs it plans to build under a US-Japan cooperation agreement has broken ground at its Malta, New York site, with production expected to begin in 2029. Under the previously announced agreement, the two fabs will follow a model in which Japan provides funding and GlobalFoundries provides technology, with total investment of up to $21 billion. The first fab has received about $10 billion in initial investment plus $570 million in financial incentives from New York State, and investment in the second fab is also around $10 billion. The US-Japan cooperative fab project is expected to bring 27,000 construction and ecosystem-related jobs and more than 1,000 high-skilled manufacturing jobs to the region. Each fab will have a monthly capacity of about 75,000 300mm (12-inch) wafers.

Translation(model translation, not the source's own text)

GlobalFoundries Breaks Ground on New US Fab: Japan Provides Funding, First Fab to Start Production in 2029

IT之家, November 14 news: GlobalFoundries announced yesterday local time that the first of the two fabs it plans to build under a US-Japan cooperation agreement has broken ground at its Malta, New York campus, with production expected to begin in 2029.

Under the previously announced agreement, the two fabs will follow a model in which Japan provides funding and GlobalFoundries provides technology, with total investment of up to $21 billion. The first fab now under construction has received about $10 billion in initial investment plus $570 million in financial incentives from New York State, and investment in the second fab is also around $10 billion.

The US-Japan joint fab project is expected to bring the local area 27,000 construction and ecosystem-related jobs and more than 1,000 high-skilled manufacturing jobs. Each fab will have a monthly capacity of about 75,000 300mm (12-inch) wafers.

Related articles

  • Rapidus President 小池淳义: plans to build 3 more fabs and 1 R&D base near its existing fab
  • Report: the three major memory makers are in talks with SEMI on robot charging standardization to improve fab automation
  • GlobalFoundries reports $270 million net loss attributable to shareholders in the third quarter of fiscal 2026, down 208% year on year
  • Report: Samsung Electronics plans to produce HBM base dies for AMD and other customers at its second Taylor, Texas fab
  • Report: Solidigm's $100 billion US fab plan is basically locked on the Marcy Nanocenter site in New York State
  • Taiwan, China plans to build a large science park in Tainan to meet 1nm fab construction demand

The translation is machine-generated and individual terms may be off. Nothing is rewritten or cut; the original is authoritative.

Published by IT之家
This site only summarises and aggregates; copyright stays with the original author. Headlines and summaries follow the source — where they differ, the original wins.
Read the original ↗