US-based semiconductor manufacturer GlobalFoundries, owned by Abu Dhabi’s Mubadala Investment Company, announced plans on Wednesday to invest $16 billion to expand semiconductor manufacturing and advanced packaging in the states of New York and Vermont.
According to a news release from the UAE-backed company, it is collaborating with Apple, SpaceX, AMD, Qualcomm, NXP and General Motors on the project.
“These companies partner with GlobalFoundries to support their production of US-made chips, underscoring GF’s role as a trusted supplier of essential semiconductors and a key enabler of supply chain security,” the company said.
According to GlobalFoundries, the investment announcement is the result of work with President Donald Trump's administration as well as “support from leading technology companies aiming to onshore critical components of their supply chain”.
Apple chief executive Tim Cook, noting that GlobalFoundries has supplied the Cupertino-based technology giant with chips since 2010, welcomed the investment announcement.
“We’re excited to see them expand right here in the US and these chips are an essential part of Apple products like iPhone, and they’re a powerful example of American manufacturing leadership,” he said.
General Motors president Mark Reuss also spoke highly of the investment, reflecting on its potential to safeguard the US supply chain.
“Semiconductors are critical to the future of vehicles, and their importance will only grow,” he said.
“GlobalFoundries’ investment supports our work to secure a reliable, US-based chip supply – essential for delivering the safety, infotainment and features our customers expect.”
The investment plans come weeks after UAE President Sheikh Mohamed and Mr Trump witnessed the unveiling of plans for a new 5GW UAE-US AI Campus in Abu Dhabi during the US leader's visit to the Emirates in May.
The campus will include five gigawatts of capacity for AI data centres in Abu Dhabi, providing a regional platform from which US hyperscalers will be able to offer latency-friendly services to nearly half of the population living within 3,200km of the UAE.
The AI campus came after months of consternation from US technology companies and UAE officials concerned about new chip export policies announced during the final days of former president Joe Biden's administration.
Critics of the policy feels it put an unfair ceiling on the UAE's peaceful AI aspirations, yet with the announcement of the AI campus, experts have said that the worries over chip access have largely subsided.
During a congressional hearing on Wednesday, Senator Christopher Coons told Commerce Secretary Howard Lutnick he was concerned that the recently announced deal would put the US at risk of being dependent on the Middle East for computing capacity.
Mr Lutnick, who called the GlobalFoundries investment an example of a return to US manufacturing of semiconductors, said he agreed that more than half of compute must be done on US shores.
“The deal with the UAE said if you buy a significant number of chips, you will invest in America to build data centres in America for an equal amount of chips. So that investment must be dual there and here,” Mr Lutnick told politicians during the hearing.
As for the GlobalFoundries investment, the company's chief executive Tim Breen hailed what it would mean for the US.
“With all these technologies and more manufactured right here in the US, GlobalFoundries is proud to play its part in accelerating America’s semiconductor leadership.”
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• Architecture is over - here's cybertecture
• The National announces Future of News journalism competition
• Round up: Experts share their visions of the world to come
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The advice provided in our columns does not constitute legal advice and is provided for information only. Readers are encouraged to seek independent legal advice.
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Who has been sanctioned?
Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.
Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.
Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.
Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.
Defence review at a glance
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Gertrude Bell's life in focus
A feature film
At one point, two feature films were in the works, but only German director Werner Herzog’s project starring Nicole Kidman would be made. While there were high hopes he would do a worthy job of directing the biopic, when Queen of the Desert arrived in 2015 it was a disappointment. Critics panned the film, in which Herzog largely glossed over Bell’s political work in favour of her ill-fated romances.
A documentary
A project that did do justice to Bell arrived the next year: Sabine Krayenbuhl and Zeva Oelbaum’s Letters from Baghdad: The Extraordinary Life and Times of Gertrude Bell. Drawing on more than 1,000 pieces of archival footage, 1,700 documents and 1,600 letters, the filmmakers painstakingly pieced together a compelling narrative that managed to convey both the depth of Bell’s experience and her tortured love life.
Books, letters and archives
Two biographies have been written about Bell, and both are worth reading: Georgina Howell’s 2006 book Queen of the Desert and Janet Wallach’s 1996 effort Desert Queen. Bell published several books documenting her travels and there are also several volumes of her letters, although they are hard to find in print. Original documents are housed at the Gertrude Bell Archive at the University of Newcastle, which has an online catalogue.
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What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
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The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
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Bio
Born in Dubai in 1994
Her father is a retired Emirati police officer and her mother is originally from Kuwait
She Graduated from the American University of Sharjah in 2015 and is currently working on her Masters in Communication from the University of Sharjah.
Her favourite film is Pacific Rim, directed by Guillermo del Toro
Dengue%20fever%20symptoms
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Bio
Age: 25
Town: Al Diqdaqah – Ras Al Khaimah
Education: Bachelors degree in mechanical engineering
Favourite colour: White
Favourite place in the UAE: Downtown Dubai
Favourite book: A Life in Administration by Ghazi Al Gosaibi.
First owned baking book: How to Be a Domestic Goddess by Nigella Lawson.
Know your camel milk:
Flavour: Similar to goat’s milk, although less pungent. Vaguely sweet with a subtle, salty aftertaste.
Texture: Smooth and creamy, with a slightly thinner consistency than cow’s milk.
Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
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National Editorial: Suleimani has been killed, now we must de-escalate
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