<ul><li>Taiwan's second-largest chipmaker, UMC, denies reports of a potential merger with US-based contract semiconductor manufacturer, GlobalFoundries.</li><li>The merger aimed to strengthen America's semiconductor supply chain and secure access to mature chips.</li><li>A merged entity could have become an alternative to leading chipmaker TSMC and prioritize research and development investments in the US.</li><li>Any potential deal would likely face regulatory scrutiny from Taiwan and China.</li></ul>

Taiwan’s Chipmaker UMC Denies Reports of Merger with GlobalFoundries

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