The planned merger between United Microelectronics, one of Taiwan’s leading semiconductor manufacturers, and GlobalFoundries, a major US-based company, is creating quite a buzz in the high-tech world. According to two sources familiar with the matter, as reported by Reuters, the combined entity is set to become a global powerhouse with production facilities spanning Asia, the US, and Europe. This potential merger comes at a time when the United States is eager to secure its semiconductor supply chain amid rising geopolitical tensions around the Taiwan Strait and intensifying competition from China in the mature chip market.

Recent developments in the investment world have set the stage for a potential transformation in quantum computing. PsiQuantum, a startup at the forefront of quantum technology innovation, has secured at least $750 million in funding, with a pre-money valuation of $6 billion. This milestone highlights the growing interest of investors in advanced technologies and digital transformation.