Ford Dropped a Bombshell on Chips. GlobalFoundries Stock Is Taking Off.

A planetary semiconductor shortage has constrained car accumulation each year, creating production—and banal market—volatility for the full automotive sector. Ford Motor is taking caller steps to minimize the interaction connected its operations.

Ford (ticker: F) and GlobalFoundries (GFS) connected Thursday announced a collaboration to manufacture automotive semiconductors successful the U.S. The confederation shows that aft their hard 2021, car companies privation much power implicit the proviso of chips that alteration astir each of the features communal connected caller automobiles.

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