Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems.
The strategic collaboration will secure manufacturing across a range of advanced and next-generation chips, and will allow leveraging of GlobalFoundries' technology to increase anti-fragility in microelectronics systems and supply chains.
The collaboration directly supports the U.S. government's CHIPS and Science Act, which seeks to bring semiconductor manufacturing back to the United States, the statement said.in government subsidies for U.S. semiconductor production and an investment tax credit for manufacturing plants estimated to be worth $24 billion.
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