Qualcomm To Spend Extra $4.2 billion On GlobalFoundries Chips
Qualcomm has agreed to buy another $4.2 billion worth of semiconductor chips from GlobalFoundries’ New York factory. According to a filing on Thursday, the move takes the company’s commitment to $7.4 billion in purchases through 2028. The announcement follows an expected closed-door meeting between the heads of GlobalFoundaries, Applied Materials, automakers and U.S. government officials. […]
