GlobalFoundries Inc. may merge with United Microelectronics Corp., creating a viable alternative to Taiwan Semiconductor; deal faces Chinese regulatory hurdles.
BofA flagged that GlobalFoundries’ primary value add compared to its peers is its lack of exposure to China and Taiwan, which "might be negated" by a merger.
According to a report by Nikkie Asia, a merger between GlobalFoundries and UMC would create a larger, U.S.-based semiconductor firm with manufacturing capabilities spanning the U.S., Europe, and Asia.
Former TSMC executive Chiang Shang-Yi says Intel is no longer a chip industry leader and should stop chasing cutting-edge nodes, instead merging with mature chipmakers like UMC or GlobalFoundries to stay competitive.
Intel Corporation (NASDAQ: INTC) is undergoing strategic shifts under new CEO Lip-Bu Tan, making ETFs with significant Intel holdings a potential investment opportunity.
Intel Corp. (NASDAQ: INTC) is reportedly strategizing to rejuvenate its chip design and broaden its foundry business, with the potential of securing significant clients such as Nvidia Corp. (NASDAQ: NVDA) and Broadcom Inc. (NASDAQ: AVGO).
UMC is betting on capacity expansion and innovation to drive its growth in the future, including catering to the demand for artificial intelligence-optimized chips.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
United Microelectronics (UMC) is the world's third-largest dedicated chip foundry, with a 7% market share in 2023 after TSMC and GlobalFoundries. Over the past year, United’s share price was up 3.6% as of Wednesday’s market close.
The poll also reveals that over 67% of Taiwanese are willing to resist if an attack occurs, though opinions are divided on the capability of Taiwan's military to defend the island.
