U.S. Government Takes a Cut of Chip Business in Japan-Funded Deal NYT - Home Page By: Ana Swanson 23 October 2026 at 15:59 President Trumpโs novel deal-making is on display in upstate New York, where the administration is funneling Japanese funds into a government-owned chip factory. ยฉ Cindy Schultz for The New York TimesA GlobalFoundries factory in Malta, N.Y.