GlobalFoundries is the candidate to operate a new semiconductor facility being negotiated by government officials from Tokyo and Washington. The factory focuses on the production of logic chips and requires an estimated $19.3 billion for construction. This project is one of several possible investments under Japan's $550 billion commitment to the United States.

The $550 billion investment framework supports the development of chip manufacturing and other strategic infrastructure. Negotiations between the two nations are ongoing to finalize the cost and operation of the logic chip plant.