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Jewish News 24 · Oct 14, 2026

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🇺🇸🇯🇵 TRUMP ANNOUNCES UP TO $21 BILLION JAPANESE-BACKED CHIP INVESTMENT IN NEW YORK: President Trump announced a major U.S.-Japan semiconductor initiative providing up to $21 billion for two new GlobalFoundries chip factories in Malta, New York. The project is expected to create about 27,000 construction and ecosystem jobs and more than 1,000 high-skilled manufacturing jobs, with the first new fab expected to begin production in 2029.

🇺🇸🇯🇵 TRUMP ANNOUNCES UP TO $21 BILLION JAPANESE-BACKED CHIP INVESTMENT IN NEW YORK: President Trump announced a major U.S.-Japan semiconductor initiative providing up to $21 billion for two new GlobalFoundries chip factories in Malta, New York. The project is expected to create about 27,000 construction and ecosystem jobs and more than 1,000 high-skilled manufacturing jobs, with the first new fab expected to begin production in 2029.

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