US GlobalFoundries weighs merger with No. 2 Taiwan chipmaker UMC

Wow! Looks like TSMC is not the only Taiwanese chipmaker in the news!

"U.S. contract chipmaker GlobalFoundries and United Microelectronics Corp., Taiwan's No. 2 chipmaker, are exploring the possibility of a merger amid American efforts to mitigate risks surrounding the Taiwan Strait and fend off growing competition from China in mature chips ..."

GlobalFoundries weighs merger with No. 2 Taiwan chipmaker UMC: sources - Nikkei Asia "Move could secure American access to older chips amid China aggression"