GlobalFoundries will operate two new semiconductor fabrication plants in Malta, New York, under a U.S.-Japan government initiative, according to a report by the Saratogian.

The selection places one of the largest U.S.-based contract chip manufacturers at the center of a bilateral program that Washington and Tokyo have built to expand domestic semiconductor capacity. Two fabs, one operator, one site: Malta.

What does the selection cover?

The decision covers two new fabrication facilities in the town of Malta, Saratoga County, roughly 25 miles north of Albany. GlobalFoundries, headquartered in Malta, will run both plants.

For GlobalFoundries, the assignment deepens its position at its flagship New York campus. The company already operates an existing fab at the Malta site.

The two new facilities give the company a total footprint that no other U.S. contract chipmaker matches at a single location.

Why a U.S.-Japan initiative?

The assignment flows from a cooperative framework between the United States and Japan aimed at strengthening semiconductor supply chains across both countries. The program pairs U.S. manufacturing capacity with Japanese industrial participation.

Malta sits inside New York's Capital Region, a corridor that state and federal planners have targeted for advanced chipmaking investment.

For the region, the decision means more fabrication capacity at a site already anchored by semiconductor production.

What it means for GlobalFoundries

GlobalFoundries manufactures chips on contract for automotive, communications and industrial customers. Operating two additional fabs expands the capacity available to those clients.

The company has not disclosed production volumes, process technologies or construction timelines for the new facilities. The Saratogian report confirms the operator selection and the initiative's role, not the project's financial terms.

What happens next

Details on groundbreaking dates, investment amounts and expected output will determine the pace of the expansion. For now, the operator is named, the site is fixed and the bilateral framework is in place.

Malta now holds three GlobalFoundries fabrication plants — one running, two to come.