💨 Abstract

Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are considering a merger, potentially creating a larger U.S.-based firm with a global manufacturing footprint. The deal comes as the U.S. aims to strengthen its semiconductor supply chain amid increased competition from China and geopolitical tensions in the Taiwan Strait. The merged company could invest heavily in U.S.

Courtesy: theprint.in

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