--- title: "Tokyo Electron will secure around US$1 billion in equipment orders for GlobalFoundries’ first new chip factory in New York by the end of 2028." description: "The factory is expected to begin production in 2029. On 14 October, GlobalFoundries announced that Japan would provide up to US$21 billion for two new factories in Malta, New York, as part of its US$5" url: "https://bilby.ai/predictions/p/166/tokyo-electron-will-secure-around-us-1-billion-in-equipment-orders-for-globalfou" markdown: "https://bilby.ai/predictions/p/166/tokyo-electron-will-secure-around-us-1-billion-in-equipment-orders-for-globalfou.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # Tokyo Electron will secure around US$1 billion in equipment orders for GlobalFoundries’ first new chip factory in New York by the end of 2028. - **Made:** 15 Oct 2026 - **By:** Owen Bae - **Market:** Japan - **Outcome:** Unresolved The factory is expected to begin production in 2029. On 14 October, GlobalFoundries announced that Japan would provide up to US$21 billion for two new factories in Malta, New York, as part of its US$550 billion investment pledge to secure lower US tariffs. The arrangement favours Japanese suppliers, as Japan’s state lender can only finance projects that benefit Japanese companies. Tokyo Electron is well placed to win orders because it already supplies GlobalFoundries, whose chief executive has expressed strong interest in Japanese equipment. US$1 in orders would equal roughly 6% of Tokyo Electron’s ¥2.44 trillion in annual sales. US rivals Applied Materials and Lam Research will capture less of the factory’s equipment budget than their combined 29% global market share would suggest. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=Tokyo%20Electron%20will%20secure%20around%20US%241%20billion%20in%20equipment%20orders%20for%20GlobalFoundries%E2%80%99%20first%20new%20chip%20factory%20in%20New%20York%20by%20the%20end%20of%202028.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20Tokyo%20Electron%20will%20secure%20around%20US%241%20billion%20in%20equipment%20orders%20for%20GlobalFoundries%E2%80%99%20first%20new%20chip%20factory%20in%20New%20York%20by%20the%20end%20of%202028.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20Tokyo%20Electron%20will%20secure%20around%20US%241%20billion%20in%20equipment%20orders%20for%20GlobalFoundries%E2%80%99%20first%20new%20chip%20factory%20in%20New%20York%20by%20the%20end%20of%202028.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20Tokyo%20Electron%20will%20secure%20around%20US%241%20billion%20in%20equipment%20orders%20for%20GlobalFoundries%E2%80%99%20first%20new%20chip%20factory%20in%20New%20York%20by%20the%20end%20of%202028.) ## More from Japan 36 predictions on Japan so far, newest first. - 10 Nov 2026 · [NVIDIA will win AI GPU orders for SoftBank’s Sarawak campus worth US$500 million.](https://bilby.ai/predictions/p/212/nvidia-will-win-ai-gpu-orders-for-softbank-s-sarawak-campus-worth-us-500-million) · Unresolved - 27 Oct 2026 · [Japan’s government preferential debt for local banks will greatly aid its data centre boom.](https://bilby.ai/predictions/p/190/japan-s-government-preferential-debt-for-local-banks-will-greatly-aid-its-data-c) · Unresolved - 27 Oct 2026 · [China’s government signals a coal buying push — Australian coal is a winner, while Japanese and South Korean power utilities are the likely losers.](https://bilby.ai/predictions/p/189/china-s-government-signals-a-coal-buying-push-australian-coal-is-a-winner-while-) · Unresolved [All 36 from Japan](https://bilby.ai/predictions/log?tag=japan) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)