GlobalFoundries is advancing construction at its Malta, New York chip fabs under a new US-Japan trade framework that commits the company to $21 billion in domestic semiconductor investment, Construction Dive reported.
The figure updates the $10 billion Japanese-investment number tied to the same Malta expansion that The RFI Wire covered last week — the $21 billion reflects the broader trade-deal commitment layered on top of that initial investment, not a separate project.
GlobalFoundries operates its largest US fab campus in Malta, in Saratoga County north of Albany, where expansion work has been an active draw for upstate trades crews and suppliers over the past two years.
Construction Dive did not publish a construction schedule, general contractor list, or bid package breakdown tied to the expanded figure; the story reports the investment commitment, not new procurement.
First reported by Construction Dive, whose reporting on the US-Japan trade deal framework is the source for the updated $21 billion figure.