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The Economic Times
The Economic Times
National

Japan’s $21 billion US chip bet raises questions over its own semiconductor revival

Japan United States Semiconductor Donald Trump Artificial Intelligence Ryosei Akazawa Sanae Takaichi Tokyo GlobalFoundries New York

Tokyo: Japan is in the midst of a major push to revive its chip sector, but its latest investments show how Tokyo is being pulled into helping the US build up its own semiconductor industry.

Japan will invest up to $21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries, which is majority-owned by Abu Dhabi's sovereign wealth fund, Mubadala Investment Co.

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