Another massive M&A deal in the chip sector!
We are witnessing an ๐ฐ๐ญ๐ช๐จ๐ฐ๐ฑ๐ฐ๐ญ๐ช๐ป๐ข๐ต๐ช๐ฐ๐ฏ of an industry in real-time, people.
โข ๐ ๐ฎ๐ฟ๐๐ฒ๐น๐น ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ (๐ก๐ฎ๐๐ฑ๐ฎ๐พ: ๐ ๐ฅ๐ฉ๐) confirmed yesterday its intent to acquire semiconductor manufacturer ๐๐ป๐ฝ๐ต๐ถ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป (๐ก๐ฎ๐๐ฑ๐ฎ๐พ: ๐๐ฃ๐๐) for $10 billion.
As a combined entity, the two companies will have an enterprise value of nearly $40 billion.
