GlobalFoundries seeks $25 billion valuation in U.S. IPO as chip demand soars

GlobalFoundries seeks $25 billion valuation in U.S. IPO as chip demand soars

3 years ago
Anonymous $BH0TGXkyPe

https://www.reuters.com/article/globalfoundries-ipo/globalfoundries-seeks-25-billion-valuation-in-u-s-ipo-as-chip-demand-soars-idUSKBN2H914C

(Reuters) -Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.