Chipmaker GlobalFoundries Files Confidentially With US Regulators For An Initial IPO

Chipmaker GlobalFoundries Files Confidentially With US Regulators For An Initial IPO

PRESS RELEASE — (Reuters) — GlobalFoundries Inc has filed confidentially with U.S regulators for an initial public offering (IPO) in New York that could value the chipmaker at around $25 billion, people familiar with the matter said on Wednesday. The move is the clearest sign yet that GlobalFoundries, which is owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment […]Read More

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