(Bloomberg) -- A Taiwanese chip company announced a $5 billion investment in the US this week and another is planning a research center in the Midwest. The back-to-back announcements may help allay concerns among American politicians and business leaders that the country is relying too much on Taiwan for production of semiconductors.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsBig Tech Sinks Stocks Bruised by Recession Jitters: Markets WrapChina Cuts Tr
Today's video focuses on GlobalFoundries (NASDAQ: GFS), one of the top semiconductor manufacturing companies in the world, which is growing at double digits and has a strong balance sheet. Many investors might compare it to Taiwan Semiconductor Manufacturing (NYSE: TSM), but the two have many differences.
ANSYS (ANSS) partners with TMSC to leverage the TSMC N6RF Design Reference Flow to achieve power and performance optimizations for 5G system-on-chips.