Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.
Semiconductor giant GlobalFoundries, a unit of Abu Dhabi's state-owned fund Mubadala, filed for an initial public offering in the United States on Monday, taking a step further towards one of the most hotly-awaited stock market listings this year. (Reporting by Niket Nishant.
By Reuters Staff
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FILE PHOTO: Micron Technology s solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis
(Reuters) - Micron Technology Inc and Western Digital Corp are individually exploring a potential deal for Kioxia Holdings Corp that could value the Japanese semiconductor firm at around $30 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
A deal for Kioxia, which is controlled by private-equity firm Bain Capital, isn t guaranteed, and it isn t clear how it might be structured, the report said, adding that should a deal come together, it could be finalized later this spring. (on.wsj.com/3rCJjvd)
By Reuters Staff
1 Min Read
WASHINGTON, March 4 (Reuters) - The U.S. International Trade Commission on Thursday said it had launched an investigation of alleged patent violations by Sweden’s Ericcson involving certain semiconductor devices, wireless infrastructure equipment and components.
The ITC said the investigation was based on a complaint by South Korean manufacturer Samsung Electronics and its U.S. subsidiary Samsung Austin Semiconductor.
Reporting by Andrea Shalal and David Lawder Editing by Chris Reese
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FILE PHOTO: U.S. President Joe Biden holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst
WASHINGTON (Reuters) - The U.S. Senate is considering including in a new bill to boost competitiveness against China $30 billion in funding for previously-approved measures to supercharge the country’s chipmaking industry, a congressional source said on Thursday.
Lawmakers aim to bring the package, which would include other elements to boost the U.S. tech sector, to a full vote in April, the person said, declining to be named because the legislation has not been finalized.