Advancing the future of semiconductor manufacturing

For more than 15 years, our teams in Malta, New York have built the expertise, capabilities and partnerships that made this moment possible. Now, we’re thinking bigger about what we can achieve together.

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Opening a new chapter

Once complete, GF Malta will be one of the country’s largest semiconductor manufacturing facilities, producing foundational chips that power a connected world. The two new fabs, each approximately 400,000 square feet, will significantly expand the site’s manufacturing capacity, with each fab adding roughly 900,000 wafers annually. The project is expected to create approximately 27,000 construction and ecosystem jobs and more than 1,000 high-skilled manufacturing jobs.

GlobalFoundries selected to operate two new fabs in New York under landmark U.S.-Japan initiative

Enabled by the United States trade and investment agreement with Japan, the $21 billion investment will accelerate trusted semiconductor manufacturing in the United States, strengthen critical supply chains and support growing demand across automotive, industrial and connected infrastructure markets.

Malta site is ready

The first fab is expected to add approximately 900,000 300mm wafers of annual U.S. manufacturing capacity when fully operational, with a second fab adding approximately the same amount.

Talent ready to deliver

Employees gathered in Malta on October 21, 2026 to celebrate the landmark investment initiative.

A new model

The initiative will accelerate trusted semiconductor manufacturing in the United States, strengthen critical supply chains and support growing demand across automotive, industrial and connected infrastructure markets.

Built for customers and partners

The new capacity builds on long-standing customer relationships across the United States and Japan.

Breaking ground on the next chapter in New York

Two new 300mm semiconductor fabs, first fab expected to come online in 2029

“Why GF? Because capital alone does not build and operate a fab. You need differentiated technology. You need manufacturing expertise. And you need a team with a proven ability to execute.“

Tim Breen, Chief Executive Officer