Closely held GlobalFoundries, controlled by Abu Dhabi's sovereign fund Mubadala Investment, could be valued at about $30 billion, the Wall Street Journal reported
Chip-maker Intel is reportedly exploring a deal to acquire GlobalFoundries, a semiconductor company its rival AMD spun off a decade ago, for nearly $30 billion
Business Standard brings to you top headlines on Thursday
Vehicles, computers, mobile phones, and other smart gadgets, with sticker prices ranging up to thousands of dollars, are stuck on assembly lines for lack of components
Opening up in the US may switch spending to services and wardrobe restocking, and de-stock overflowing pantries
This acquisition will enable QuEST's vision to grow its semiconductor business, add at least 2,000 engineers in the next four years
GlobalFoundries sits pretty with its everyday products as larger rivals battle it out to make ever-more advanced chips.
Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd
Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance
Business Standard brings you top news on Friday
Samsung Electronics has developed an 8-nanometer (nm) process technology for radio frequency (RF) chips as the South Korean tech giant eyes to beef up its foundry service for 5G mobile semiconductors
The Senate overwhelmingly approved a bill that aims to boost US semiconductor production and the development of artificial intelligence
Vikas Bardiya's firm Nanomatrix has, in a span of about a year, developed a dealer network in several large Indian cities and is exporting to the US, UAE and Thailand
Taiwan's dominance for cutting-edge chips is under attack as governments from the U.S. to Europe and Japan, alerted to the strategic nature of the semiconductor supply chain, seek to spur production.
China's Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of auto-use semiconductors
The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research.
The global semiconductor chip shortage will cost automakers $110 billion in lost revenues this year, consulting firm AlixPartners said, as it forecast the crisis will hit the production of 3.9 million
This represents a 12.5 per cent year-over-year growth, according to the International Data Corporation (IDC).
The chief executive of the biggest US chip-maker, Intel Corp, said the company is going to curb its focus on buying back its own stock
Manufacturers are warning that production will continue to be affected because of the deepening chip crisis.