Consolidation Brings Change To Chip Industry

San Jose, Calif. — A wave of mergers and acquisitions is reshaping Silicon Valley’s semiconductor industry as companies join forces to shoulder the soaring technology costs required to stay competitive. Half a dozen chipmakers in Silicon Valley, including a few storied names, have changed hands in less than two years in nearly $12 billion in mergers and acquisitions affecting thousands of employees and costing some their jobs. In one...

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