US-based GlobalFoundries and Taiwan’s 2nd biggest chip foundry, UMC, are exploring a possible merger that would create a US-based foundry with production across Asia, the US, EU able to invest more heavily in R&D to compete with TSMC on advanced manufacturing, Nikkei reports. 1/3 $GlobalFoundries(GFS.US) $United Microelectronics(UMC.US) $Taiwan Semiconductor(TSM.US) $Intel(INTC.US) $SSNLF #Samsung #semiconductors #semiconductor https://t.co/aV4KihMLqt
Source: Dan Nystedt
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