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Qualcomm, GlobalFoundries Extend Chip Agreement — Qualcomm Technologies and semiconductor manufacturer GlobalFoundries will more than double their existing global long-term manufacturing agreement to support U.S. chips supply through 2028.

The news follows the recent passage of the U.S. CHIPS and Science Act last week, and was announced today at a CEO Summit co-hosted by GlobalFoundries, Ford Motor Company, and Applied Materials in Washington, D.C.

The Summit included CEOs and senior leaders from across the semiconductor supply chain, including National Economic Council Director Brian Deese; Under Secretary of Defense for Acquisition & Sustainability William LaPlante; and National Security Council Senior Director for Technology and National Security Tarun Chhabra.

The renewed commitment between Qualcomm Technologies and GlobalFoundries will expand “global capacity to meet customer demand in partnership with federal and local governments,” the companies stated.

The agreement will secure wafer supply, necessary in semiconductor manufacturing, and commitments to “support U.S.-based manufacturing through capacity expansion at GF’s most advanced semiconductor manufacturing facility, in Malta, New York."

Nathaniel Fick pledged to “further alleviate and integrate cyber and digital policy in U.S. diplomacy — and diplomacy in U.S. cyber and digital policy.” Read more.

Forrester revealed that only 23% of online adults in the U.S. reported familiarity with the metaverse, despite Citigroup estimating its $13 trillion value. Read more.

The XDR Alliance released an open source Common Information Model, aiming to build the foundation for the next-generation XDR. Read more.

The deployment includes Aruba Wi-Fi 6 access points with built-in location services and access switches. Read more.

Nokia and U.K.-based operator BT conducted a series of 5G standalone (SA) network trials that aggregated four separate spectrum channels into a single transmission channel. Read more.

Cloud security has become a must-have for organizations today — but transitions are incredibly decentralized, according to industry experts. Read more.

Sustainability will be a major driver of the data center physical infrastructure market in the next five years, according to Dell'Oro Group. Read more.

Trellix Chief HR Officer talks diversity and inclusion; Red Hat announced a new CEO; and Cisco and Fortinet commit to security training. Read more.