GlobalFoundries plans two New York chip plants backed by up to $21 billion from Japan
Photo: Investing.comHow coverage differs Investing.com's headline frames the deal as Japan investing in the factories; AP casts it as GlobalFoundries opening plants financed by Japan, citing the Trump administration's agreement.
GlobalFoundries said Wednesday it plans to open two chip factories in Malta, New York, financed by an investment of up to $21 billion from Japan. The company said the Trump administration's trade and investment agreement with Japan made the deal possible. Investing.com's report offered only a headline with no further detail.
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