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GlobalFoundries to make AI chip component for TSMC in $2 billion deal
Original: GlobalFoundries to make key AI chip component for TSMC in $2 billion deal
GlobalFoundries will manufacture a key AI chip component for TSMC under a $2 billion agreement, Reuters reports. The deal marks an unusual instance of the two chipmakers cooperating rather than competing, and comes as demand for AI-related chips continues to strain global semiconductor supply chains.
Why now: It is a rare production partnership between two major chipmakers amid surging AI-driven demand for semiconductors.
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