Japan's $21 billion investment in the New York chip plants operated by GlobalFoundries is part of a $550 billion U.S. investment deal struck by President Donald Trump's administration in exchange for lower tariffs on Japanese imports

From the articleGlobalFoundries to Build Two Chip Plants With Up to $21 Billion FundingAlso in Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries | Reuters, US-Japan Agreement Funds Essential Chip Production as GlobalFoundries Expands