Browsing Tag
Cirrus Logic
2 posts
GlobalFoundries (NASDAQ: GFS) shares jump as Japan backs two proposed New York chip plants
GlobalFoundries has been selected to operate two semiconductor manufacturing facilities in New York under a US-Japan investment initiative, creating a potentially significant expansion opportunity while introducing a new government-backed financing structure.
Cirrus Logic’s Synaptics bid forced onsemi to rewrite a $5.7bn chip deal
Cirrus Logic’s previously undisclosed attempt to acquire Synaptics escalated into a semiconductor bidding contest that forced onsemi to abandon its original all-stock structure and offer $123 per share in cash. The battle exposes a larger strategic contest over edge artificial intelligence, connected devices and semiconductor diversification.