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Ford, GM forge stronger ties with chipmakers to counter shortage

The American multinational automobile manufacturers, Ford and General Motors (GM) are leveraging partnerships with semiconductor manufacturers to overcome the chip shortage that’s heavily affecting...

GlobalFoundries, Mubadala raise $2.6bn in US exchange IPO

GlobalFoundries, a leading chipmaker and its major shareholder, Mubadala Investment have raised over $2.6 billion in an initial public offering (IPO), pricing its shares...

Intel in talks to buy GlobalFoundries for about $30bn; Report

American multinational technology corporation Intel is reportedly in talks to buy semiconductor manufacturer GlobalFoundries for about $30 billion. According to the reports, the discussion comes...

Mubadala-owned GlobalFoundries to invest $4bn in Singapore chip plant

GlobalFoundries (GF), one of the world's largest semiconductor makers, is investing $4 billion in a new manufacturing facility in Singapore to address a global...

Abu Dhabi’s Mubadala eyes $20bn IPO for chipmaker GlobalFoundaries

Abu Dhabi-based investment company Mubadala is planning for a US initial public offering (IPO) of its wholly-owned chipmaker subsidiary GlobalFoundries. Mubadala has been in initial...
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