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GlobalFoundries signs $2 billion chip deal with TSMC
Original: UAE-backed semiconductor manufacturer GlobalFoundries has announced a $2 billion deal with Taiwan Semiconductor Manufact
GlobalFoundries, a chipmaker headquartered in New York and backed by UAE interests, has announced a $2 billion deal with Taiwan Semiconductor Manufacturing Company. Under the agreement, GlobalFoundries will supply TSMC with silicon interposers, components that help connect chips in advanced packaging. The deal is framed as a boost to US chip manufacturing amid ongoing efforts to strengthen the American semiconductor supply chain.
Why now: The deal touches on strategic US chip manufacturing and the politically sensitive US-Taiwan-UAE semiconductor triangle.
GlobalFoundriesTSMCUnited StatesTaiwanUnited Arab Emirates
Evidence
- UAE-backed semiconductor manufacturer GlobalFoundries has announced a $2 billion deal with Taiwan Semiconductor Manufacturing Company to bolster US chip manufacturing. GlobalFoundries, based in New York, said it would be supplying TSMC with silicon interposers, which help chips… · CodyCombsJournalist@techhub.social · 2
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