[Trump Announces GlobalFoundries and Alaska LNG Investment Plans, Japan and South Korea to Provide Funding] Reported by Golden Finance, on October 15, U.S. President Trump announced that GlobalFoundries will invest $21 billion in Malta, New York, to build two large semiconductor manufacturing facilities. The funding will be provided by Japan under a previously reached trade agreement. The project is expected to create 27,000 construction and supply chain jobs, as well as over 1,000 high-skilled manufacturing positions. Trump also announced that the U.S. government will acquire shares in GlobalFoundries, and the Department of Commerce will allocate an additional $955 million to the fields of silicon photonics, silicon-germanium, and advanced packaging, bringing the total investment to $1.63 billion. The current value of government-held shares is reportedly over $2 billion. In the energy sector, Trump announced the launch of the Alaska Liquefied Natural Gas (Alaska LNG) project, calling it the largest energy infrastructure project in Alaska's history. Under previously reached trade and investment agreements, South Korea will invest $50 billion in the project. Trump stated that the project has become a federal government initiative, with all necessary permits and authorizations obtained, allowing it to proceed immediately.