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Japan and the US are discussing a GlobalFoundries chip plant under their $550bn pact, Nikkei reports

According to a report by Nikkei Asia on Thursday, Japan and the United States are negotiating to set up a semiconductor factory as part of their $550bn investment agreement. The project would be worth between 2trn and 3trn ($12.9bn and $19.3bn) and will be run by the US chipmaker GlobalFoundries, which makes logic chips. Nikkei [] This story continues at The Next Web