Qualcomm Becomes Official Global Partner of Manchester United
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GlobalFoundries (GFS) Jumps 11% on Qualcomm Chip Manufacturing Deal
August 8, 2022 1:13 PM EDTGlobalFoundries (NASDAQ: GFS) announced Monday that following the U.S. Chips and Science Act being passed last week, it has agreed on a deal with Qualcomm (NASDAQ: QCOM) to more than double their existing strategic global long-term semiconductor manufacturing agreement.
The deal was previously entered into by GlobalFoundries' and Qualcomm's subsidiaries.
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