95% CONFIDENCEOverall confidence: 95%How well the pin's source and references back up its dates.Weighted average of how firmly 1 reference supports the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better16 days ago
Official company announcement explicitly dated 2026-10-14; pin records the announcement date. Investment period: First fab targeted for 2029; second fab timing unspecified.[1]GlobalFoundries was selected to operate two new Malta, New York fabs under a U.S.–Japan initiative providing up to US$21 billion. Japan supplies the investment; GlobalFoundries supplies technology and operations. The first fab is expected online in 2029.