# GlobalFoundries selected to operate two new New York semiconductor fabs

> The company said it was selected as technology provider and operator for two new fabs at its Malta, New York site under a U.S.-Japan initiative. The first investment is about $10 billion, with a similar additional amount contemplated for a second fab.

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- Publisher: Newsverum
- Section: Technology
- Country: United States
- Published: 2026-10-15T14:33:34+00:00
- Updated: 2026-10-15T14:33:34+00:00
- Event / data period: 2026-10-14
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GlobalFoundries said on October 14 that it had been selected to provide technology and operate two new wafer fabs at its Malta, New York site. The initiative could provide up to $21 billion, with Japanese investment and the company operating the facilities in the United States.

The first 300 mm fab is expected to receive about $10 billion and begin operating in 2029; a second would depend on roughly another $10 billion. The company estimates each fab could add about 900,000 wafers of annual capacity once fully operational. These are plans and estimates, not capacity already in service.

## Data

### GlobalFoundries selected to operate two new New York semiconductor fabs

The company said it was selected as technology provider and operator for two new fabs at its Malta, New York site under a U.S.-Japan initiative. The first investment is about $10 billion, with a similar additional amount contemplated for a second fab.

Methodology: Facts are taken from the dated primary announcement. Investment, capacity and timing statements are presented as plans or company estimates, not independently verified outcomes.

| date | label | description | status |
|---|---|---|---|
| 2026-10-14 | GlobalFoundries selected to operate two new New York semiconductor fabs | The company said it was selected as technology provider and operator for two new fabs at its Malta, New York site under a U.S.-Japan initiative. The first investment is about $10 billion, with a similar additional amount contemplated for a second fab. | occurred |

Sources: <https://gf.com/news-and-events/news/globalfoundries-selected-to-operate-two-new-semiconductor-fabs-in-new-york-under-landmark-us-japan-initiative/> · Download data: [JSON](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/announcement?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/announcement?lang=en&format=csv)

### US–Japan: funding

Fab investments and initiative funding ceiling, in billion US dollars.

Methodology: The first fab is planned at about $10 billion; a possible second fab would also involve about $10 billion. The initiative ceiling is $21 billion; these figures are not presented as an additive total.

| Item | Amount (billion USD) |
|---|---|
| Initiative maximum funding | 21 |
| First planned fab investment, approximately | 10 |
| Possible second fab investment, approximately | 10 |

Sources: <https://gf.com/news-and-events/news/globalfoundries-selected-to-operate-two-new-semiconductor-fabs-in-new-york-under-landmark-us-japan-initiative/> · Download data: [JSON](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/initiative-investment?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/initiative-investment?lang=en&format=csv)

### GF: wafer capacity

Projected annual 300 mm wafer count per fab.

Methodology: About 900,000 300 mm wafers per fab annually are projected at full operation.

| Capacity measure | Estimated annual wafer capacity (count) |
|---|---|
| Estimated annual 300 mm wafer capacity per fab at full operation (approximate) | 900000 |

Sources: <https://gf.com/news-and-events/news/globalfoundries-selected-to-operate-two-new-semiconductor-fabs-in-new-york-under-landmark-us-japan-initiative/> · Download data: [JSON](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/fab-capacity-estimate?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/globalfoundries-new-york-us-japan-fab-initiative-2026/data/fab-capacity-estimate?lang=en&format=csv)

## Sources

- [GlobalFoundries](<https://gf.com/news-and-events/news/globalfoundries-selected-to-operate-two-new-semiconductor-fabs-in-new-york-under-landmark-us-japan-initiative/>) (Source checked: 2026-10-15; Published: 2026-10-14)

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