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GlobalFoundries Rallies After Announcing $2 Billion TSMC Deal

First reported by Bloomberg · 35m ago

The signal ●○○○ Brief pending · reported by Bloomberg, the single source so far

What happened

GlobalFoundries Inc. shares gained as much as 7% after the chip manufacturer announced a five-year, $2 billion deal to provide US production capacity to Taiwan Semiconductor Manufacturing Co.

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Chips

GlobalFoundries Rallies After Announcing $2 Billion TSMC Deal

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