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 surged 13%, while GlobalFoundries dipped 1%. 3. The merger aims to enhance U.S. access to mature chip technology. 4. The combined entity would focus on R&D and compete with TSMC. 5. Taiwan Semiconductor recently announced a $165 billion U.S. investment.