⚡️🇺🇸 — President Trump announced a $21 billion investment by GlobalFoundries to build two semiconductor manufacturing facilities in Malta, New York, saying Japan will provide the capital.

The project is expected to create 27,000 construction and supply chain jobs and over 1,000 skilled manufacturing positions. Trump said the deal stems from his trade agreements with Japan, Korea, and Taiwan aimed at revitalizing the U.S. industrial base.

He also announced a separate agreement giving U.S. taxpayers shares in GlobalFoundries, with the Commerce Department investing $955 million in silicon photonics, silicon germanium, and advanced packaging—bringing total investments to $1.63 billion and the government's stake to over $2 billion.

⭐️ Follow @MaxOsintIntel