NEW YORK/WASHINGTON, Oct 14 : Japan will invest about $21 billion to build up to two chip factories in New York State that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday.The initiative is part of a Trump administration deal str

NEW YORK/WASHINGTON, Oct 14 : Japan will invest about $21 billion to build up to two chip factories in New York State that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday.The initiative is part of a Trump administration deal str

NEW YORK, Oct 14 : Japan will invest up to $21 billion in two chip factories in New York state that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday. Shares of the Malta, New York-based company rose more than 4 per cent in ear

NEW YORK, Oct 14 : Japan will invest up to $21 billion in two chip factories in New York state that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday. The move is part of a deal for Japan to invest $550 billion in the US struck b

Semiconductor contract manufacturing and design company GlobalFoundries Inc. says it plans to open two chip-making factories in Malta, New York, financed by an investment of up to $21 billion from Japan.