ANOTHER MASSIVE 21 BILLION DOLLAR INVESTMENT FOR AMERICA

ANOTHER MASSIVE 21 BILLION DOLLAR INVESTMENT FOR AMERICA

Trump 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.

Richard Miniter
First Published: October 14, 2026, 12:51 PM ET

— 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. Donald J. Trump announced a $21 billion joint initiative with Japan to build two GlobalFoundries semiconductor manufacturing facilities in Malta, New York. Construction on the first facility begins in late 2026, aiming for operation by 2029. The project is expected to create 27,000 construction and support jobs while boosting domestic chip supply. 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 York. This DEAL will create 27,000 high paying Construction and Supply Chain Jobs and over 1,000 additional highly skilled Manufacturing Jobs in New York. Under my direction, JAPAN WILL PROVIDE THE CAPITAL for the 21 Billion Dollar Investment. This DEAL is a result of my HISTORIC TRADE DEALS to REVITALIZE the American Industrial Base, create HUNDREDS OF THOUSANDS OF GREAT AMERICAN JOBS, and strengthen our National and Economic Security. We are turning the Investment commitments from Japan, Korea and Taiwan into HUGE Construction Projects.

These are TRANSFORMATIONAL AND GENERATIONAL DEALS FOR AMERICA — More Semiconductors, more Power, more Energy Security, and more Jobs for the U.S.A. As I showed with our massive WIN with INTEL, my Administration’s Commerce Department is the first to ever earn money for America. I am announcing an additional agreement with GlobalFoundries where the U.S. Taxpayer will receive shares in GlobalFoundries. My Commerce Department will invest 955 Million Dollars in Silicon Photonics, Silicon Germanium, and Advanced Packaging.

President Donald J. Trump announced a $21 billion investment at Washington D.C.
C2PA

President Donald J. Trump announced a $21 billion investment at Washington D.C.

Molly Riley / the White House

This brings our total Investments to 1.63 Billion Dollars, and now, the U.S. Government’s stake is worth over 2 Billion Dollars. We are the first Administration ever to turn Grants into money for America. Your great Businessman President running the Greatest Economy in the World — AN ALL-AROUND HUGE WIN FOR AMERICA! Trump

Zenger analysis
C2PA

Zenger analysis

Photo by  Zenger analysis

Protomaps / Natural Earth - Japan
C2PA

Protomaps / Natural Earth – Japan

Photo by  Protomaps / Natural Earth – Japan

Protomaps / Natural Earth - Taiwan
C2PA

Protomaps / Natural Earth – Taiwan

Photo by  Protomaps / Natural Earth – Taiwan

Protomaps / Natural Earth - Malta, New York
C2PA

Protomaps / Natural Earth – Malta, New York

Photo by  Protomaps / Natural Earth – Malta, New York

President Trump is the author of The Art of the Deal, Think Like a Billionaire, and Think Big. Analyst and Trump supporter Rod Martin points to The Art of the Deal, Trump's 1987 book, as an explanation of his deal-making philosophy: making big announcements, pivoting often in public statements and, Martin says, ultimately getting what he wanted all along. Critics contend that Trump's books were published decades ago or were aimed at making money, not shedding light. "Generally," Martin said, "critics don't read The Art of the Deal. If they did, they would understand."


Research