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The Wall Street Publication > Blog > Tech > Ford, GM Step Into Chip Business
Tech

Ford, GM Step Into Chip Business

Editorial Board Published November 18, 2021
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Ford, GM Step Into Chip Business
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Detroit’s two biggest auto makers— Ford Motor Co. and General Motors Co. —are looking to get into the semiconductor business, after a year of computer-chip shortages that snarled their global factory output.

Ford on Thursday morning outlined a strategic agreement with U.S.-based semiconductor manufacturer GlobalFoundries Inc. to develop chips, a pact that could eventually lead to joint U.S. production.

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