GlobalFoundries joined a growing list of companies forking out billions in capital to promote domestic manufacturing. In this case, it is GF working with a slate of large companies, including Apple, to make their chips at expanded GF factories in Vermont and New York.
The total GF investment is $16 billion, according to a statement from the company that included praise for President Trump’s policies for onshoring production of vital products. GF is collaborating with Apple, SpaceX, AMD, Qualcomm, NXP and GM to support their production of US-made chips, GF said.
“Today’s announcement is a direct result of President Trump’s leadership and his vision to bring back high-paying manufacturing jobs and reestablish secure, domestic supply chains for critical technologies,” said Thomas Caulfield, executive chairman of GF in a statement. “Global Foundries has supplied semiconductors for Apple products since 2010 and we’re excited to see them expand right here in the United States. These chips are an essential part of Apple products like iPhone and they’re a powerful example of American manufacturing leadership.”
Tim Cook, CEO of Apple said his company is “excited by the expansion of GlobalFoundries’ manufacturing base right here in the US, which is core to Starlink’s growth and our commitment to manufacturing in the US, as well as our mission to deliver high-speed internet access to millions of people around the world.” He called advanced semiconductors “critical to the advanced satellite capabilities which SpaceX has been pioneering for over two decades.”
President Trump has hailed commitments by large electronics firms such as TSMC to build manufacturing in the US, but has been especially critical of Apple for wanting to expand its manufacturing into India instead of the US.
Mark Reuss, president of GM, said GF’s investment “supports our work to secure a reliable, US-based chip supply—essential for delivering the safety, infotainment and features our customers expect.”
GF said the $16 builds upon existing US expansion plans. It includes $13 billion to modernize New York and Vermont facilities and funding for a recently launched New York Advanced Packaging and Photonics Center. Another $3 billion will go to advanced research and development into packaging innovation, silicon photonics and next-generation GaN technology.
Trump has promoted a wide array of tariffs on imported goods, including electronics, to help push companies to build manufacturing and assembly facilities in the US. The tariffs have led to divisive negotiations between the US and China, which provides the largest number of components needed in today’s electronics, when compared to other countries.
Earlier Wednesday, Trump posted on X that he likes China’s President Xi, but called him “very tough, and extremely hard to deal with.”
IN an earlier tweet on X, Trump said, “Because of tariffs, our economy is BOOMING.”
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