The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UMC denies merger talks with GlobalFoundries amid rising stock prices
Taiwanese chipmaker UMC has denied reports of merger talks with GlobalFoundries, stating that no discussions are taking place. Despite the denial, UMC's shares rose by 2.02% to NT$45.55, while its American depositary receipts surged 9.16%. A merger would have created a combined market share of 9.3%, surpassing competitors but still trailing TSMC.
intel revamps strategy to attract major foundry clients and enhance chip design
Intel is revamping its chip design and foundry strategy under new CEO Lip-Bu Tan, aiming to attract major clients like Nvidia and Broadcom. The company is advancing its 18A manufacturing process and enhancing packaging innovations to compete with TSMC. Tan's leadership has already boosted Intel's stock by approximately 25%, with a focus on AI chip production and a significant overhaul of Intel Foundry.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.