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Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement
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United statesMigdal haemekHa afonNew mexicoRio ranchoRussell ellwangerStuart pannTower semiconductorIntel foundry servicesRapid assured microelectronics prototypes

Intel cancels $5 4bn Tower Semiconductor acquisition

Intel will pay a $353m (£277) termination fee to the Israeli chip manufacturer after the merger failed to obtain regulatory approval from China.

United kingdomUnited statesPatrick gelsingerRussell ellwangerGina raimondoPat gelsingerTower semiconductorUs senateIndustrial strategy

Intel abandons USD 5 4 bn deal to buy Israel s Tower Semiconductor, ET Auto

Tower Semiconductor: Intel stood to strengthen its portfolio of chip manufacturing services with the merger, as Tower specializes in analog semiconductors used in cars, medical devices and security cameras.

United statesNew yorkJoe bidenRussell ellwangerPat gelsingerTreasury departmentIntel corporationTower semiconductorIntel corporationRussell ellwangerPat gelsinger

A $5 4 billion international chip deal with Intel is off after greenlight from China never arrives

Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations. Both Intel and

United statesTel avivJanet yellenRussell ellwangerPat gelsingerPatrick gelsingerIntel corpAdministration for market regulationTower semiconductorState administrationMarket regulationTreasury secretary janet yellenIntel tower semiconductors china regulatorsProduction facilitiesMergers and acquisitionsBs news

Intel calls off $5 4 billion Tower Semiconductor deal after failing to get regulatory approval

Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval.

United statesRussell ellwangerJoe bidenPat gelsingerAdministration of market regulationTower semiconductorFinancial timesState administrationMarket regulationNew yorkUsiness and industry sectorsBusiness figuresConomy and tradeComputer equipmentOmputer science and information technologyOntinents and regions

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