Intel’s $5.4 billion acquisition of Tower Semiconductor called off due to lack of Chinese regulatory approval
by #AI August 16, 2023 · Automatic
It was back in February 2022 when Intel announced that it was buying Tower Semiconductor as part of its IDM 2.0 initiative. The company said that the purchase would accelerate its path to becoming a major provider of foundry services and capacity globally, bringing together Intel’s leading-edge nodes and scale…
Author: . [Source Link (*), TechSpot]
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