UAE-backed GlobalFoundries and TSMC announce $2bn manufacturing agreement
The National · 8 Oct 2026

UAE-backed GlobalFoundries and TSMC announce $2bn manufacturing agreement

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 communicate on logic


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