Globalfoundries is trading 5.9% up at $49.45, with Japan’s announced investment in New York chip factories the clearest company-specific catalyst. - On October 14, Japan announced it would invest up to $21 billion in two New York chip factories that Globalfoundries will operate. - Globalfoundries is expected to earn fees for building and operating the facilities and licensing its manufacturing technology; Reuters and Bloomberg reported the deal. - SOXX is down 2.64% amid concerns about Chinese chip competition and AI-investment valuations. Current volume data was unavailable.