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GlobalFoundries (GFS), Renesas Electronics Announce Multi-Billion-Dollar Semiconductor Supply Chain Partnership
Yahoo Finance· 2026-02-20 17:07
GlobalFoundries Inc. (NASDAQ:GFS) is one of the best NASDAQ growth stocks to buy for the next 2 years. On February 16, GlobalFoundries and Renesas Electronics Corporation announced a multi-billion-dollar partnership to strengthen semiconductor supply chain resiliency. This collaboration expands Renesas’ access to GlobalFoundries’ specialized technology platforms, including FDX, BCD, and feature-rich CMOS technologies. The agreement aligns with US priorities to support domestic chip production while suppo ...