Allegro MicroSystems (ALGM.O), a semiconductor solutions provider, has rejected a $6.9 billion takeover offer from Onsemi (ON.O), deeming the proposal “inadequate.” Onsemi’s offer of $35.10 per...
Etiket: semiconductor industry
Intel Wins Lawsuit Over Foundry Losses, $32 Billion Market Drop
Intel has successfully defended itself against a shareholder lawsuit that accused the company of fraudulently hiding issues within its foundry business, which led to significant financial...
Malaysia Discusses Absorbing Potential U.S. Semiconductor Tariffs with Chip Companies
Malaysia is engaging with local semiconductor companies to discuss whether they can absorb the potential impact of U.S. tariffs on chips, according to Trade Minister Tengku...