Market Chatter: GlobalFoundries Seen Operating US Chip Plant That Japan, Washington Are in Talks to Build

05:15 AM EDT, 09/17/2026 (MT Newswires) -- GlobalFoundries (GFS) is expected to operate a semiconductor plant in the US that Japan and Washington are in discussions to build, Nikkei Asia reported Thursday, citing officials of both governments familiar with the negotiations. The proposed plant will be one of Japan's $550 billion of investment projects under the tariff deal between the US and Tokyo, the sources told the publication. The project's total value could reach 2 trillion Japanese yen ($12.84 billion) to 3 trillion yen, according to the report. GlobalFoundries didn't immediately respond to MT Newswires' request for comment. The company's shares were up 2.5% in premarket activity. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)