BofA Securities Starts GlobalFoundries Inc. (GFS) at Buy

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Go back to BofA Securities Starts GlobalFoundries Inc. (GFS) at Buy

GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand

November 18, 2021 8:30 AM EST

MALTA, N.Y. and DEARBORN, Mich., Nov. 18, 2021 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (Nasdaq: GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company (NYSE: F) today announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the U.S. automotive industry.

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