Ford Steps Into the Chips Business

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Ford struck a deal with GlobalFoundries to develop computer chips after a year of shortages that snarled the auto maker's global factory output

Ford Motor Co. is looking to get into the semiconductor business, after a year of computer-chip shortages that snarled its global factory output.

Ford entered a strategic agreement with U.S.-based chip maker GlobalFoundries Inc. to develop chips, a pact that could eventually lead to joint production in the U.S., the companies said Thursday. They didn’t disclose terms or say how much they might invest in future production capacity.

 

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What? Ford make things in America? 😮😮😮😮😮

How long until .RepStefanik takes credit for these “results”?

marcin_skok Hi, my friend, how are you recently?

DJT's trade dispute with China's tech giant Huawei exacerbated the chip shortage. Thanks, Donald...

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