How GlobalFoundries aims to remain world’s third-biggest semiconductor foundry

[ad_1] In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors…

Intel scraps $5.4 billion acquisition of Tower Semiconductor after regulators fail to approve deal

[ad_1] Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel on Wednesday terminated its acquisition of Israeli chipmaker Tower…