Trump Secures 21 Billion Dollar Semiconductor Expansion in New York with Japan Investment

Clear Facts

• President Donald Trump announced a 21 billion dollar semiconductor expansion project in Malta New York led by GlobalFoundries Inc.
• The project is funded through a trade and investment framework between the United States and Japan.
• The investment focuses on strengthening American semiconductor manufacturing and national supply chain security.

President Donald Trump highlighted the strategic importance of expanding domestic semiconductor production to protect American jobs and reduce dependence on foreign sources.

The Malta New York facility will create thousands of high skilled positions and strengthen the United States position in critical technology sectors.

ANOTHER MASSIVE 21 BILLION DOLLAR INVESTMENT FOR AMERICA!

Today, under my leadership, GlobalFoundries and my Department of Commerce led by Secretary Howard Lutnick announced a MASSIVE 21 BILLION INVESTMENT to build 2 giant new Semiconductor Manufacturing Facilities in Malta, New… pic.twitter.com/yR3Q0IWpvp

 — Commentary Donald J. Trump Truth Social Posts On X (@TrumpTruthOnX) October 14, 2026

The Japan funded project reflects a growing commitment to bilateral cooperation on technology and industrial development between the two nations.

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