Multibillion-dollar chip deal aims to steady supply for smarter cars, factories

2026-03-08 04:50:18

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GlobalFoundries (GFS) and Renesas have announced an expanded multibillion-dollar manufacturing partnership to improve semiconductor supply resilience and accelerate U.S. chip manufacturing. The collaboration will broaden Renesas’s access to GF’s differentiated technologies, including FDX, BCD, and CMOS with non-volatile memory, to support various applications in automotive and industrial sectors. Manufacturing is set to begin in mid-2026 across GF’s global footprint, with considerations for porting select GF processes into Renesas’s Japan fabs.

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