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GlobalFoundries to make key AI chip component for TSMC

GlobalFoundries has reached a deal to manufacture a key AI chip component for TSMC, according to Reuters and US regional outlets. The arrangement would see two rival chipmakers cooperate as demand for artificial intelligence silicon strains global supply. It is being read as a sign that even the world's largest contract chipmaker needs outside capacity, though details on the component and production volumes have not been given.

Why now: It is an unusual collaboration between competing chipmakers driven by booming AI chip demand.

GlobalFoundriesTSMC

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