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GlobalFoundries signs $2 billion chip deal with TSMC
Original: GlobalFoundries to make key AI chip component for TSMC in $2 billion deal
GlobalFoundries has agreed to a $2 billion deal to manufacture a key AI chip component for TSMC, one of the world's largest chipmakers. The agreement marks a notable collaboration between two major semiconductor firms as demand for AI-related chips continues to surge, with manufacturers racing to expand capacity across the supply chain.
Why now: The unexpected partnership between rival chipmakers highlights how booming AI demand is reshaping semiconductor supply chains.
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