United Microelectronics shares pop more than 10% on report of potential GlobalFoundries deal
1. GlobalFoundries is considering a merger with United Microelectronics. 2. Shares of United Microelectronics rose by 13% after the announcement. 3. GlobalFoundries shares dipped about 1% following the merger news. 4. The merger could enhance U.S. semiconductor production capabilities. 5. Investment in U.S. R&D aims to compete against Taiwan Semiconductor.