Market Chatter: GlobalFoundries, United Microelectronics Exploring Merger
According to the plan, a merger would create a bigger, US-based company with a production footprint across
Neither company immediately replied to a request for comment from MT Newswires.
UMC shares were more than 14% higher in recent trading, while
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 37.36, Change: +0.46, Percent Change: +1.26
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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Market Chatter: GlobalFoundries, United Microelectronics Exploring Merger
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