# Abu Dhabi's ATIC to acquire Chartered Semiconductor for $2.5B

Shareholders of Singapore's Chartered Semiconductor Manufacturing approved an offer by Abu Dhabi's Advanced Technology Investment Co. (ATIC) to buy the company for $2.5 billion. ATIC plans to combine Chartered with Globalfoundries Inc.

- Type: Acquisition
- Announced: 2026-11-09
- Where: Singapore, Singapore
- Value: $2.50B
- Status: announced
- Products: customized chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md) (partner)
- [Temasek Holdings](https://endata.com/companies/18585.md) (partner)
- [Advanced Technology Investment Co.](https://endata.com/companies/95336.md) (acquirer)
- [Chartered Semiconductor Manufacturing](https://endata.com/companies/95337.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/chartered-semi-shareholders-approve-abu-dhabi-deal), 2026-11-09: "Shareholders of Singapore's state-controlled Chartered Semiconductor Manufacturing approved an offer by Abu Dhabi to buy the world's third-biggest maker of customized chips for $2.5 billion, Jim Norling, chairman of the Singaporean company, said today."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.