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Stock impact report

GlobalFoundries and Renesas Expand Partnership to Accelerate U.S. Semiconductor Manufacturing

GlobalFoundries Inc. (GFS) 
Company Research Source: Business Wire
Multi-billion-dollar collaboration strengthens supply chain resiliency and supports growing demand for chips powering smart vehicles and next-generation industrial systems MALTA, N.Y. & TOKYO--(BUSINESS WIRE)--GlobalFoundries (Nasdaq: GFS) (GF) and Renesas Electronics Corporation (TSE: 6723) (Renesas) today announced an expanded strategic collaboration through a multi-billion-dollar manufacturing partnership that broadens Renesas' access to GF technologies including its differentiated technology platforms. This agreement reflects a shared commitment to secure, resilient supply chains and aligns with U.S. priorities to strengthen domestic semiconductor production for economic and national security.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216013398/en/As vehicles become more intelligent and electrified, and factories more automated, the chips inside them are doing far more than basic processing. They enable radar Show less Read more
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