Previously, Intel announced its intention to acquire Israeli semiconductor manufacturer, Tower Semiconductor, for $5.4 billion, in a bid to swiftly augment its production capacity and foundry scope. However, this acquisition was ultimately aborted by...
Intel has declared the termination of its previously disclosed acquisition agreement with Tower Semiconductor, due to their inability to secure the requisite regulatory approvals in a timely manner. As stipulated by the terms and...
In March 2021, Intel’s CEO, Pat Gelsinger, announced the “IDM 2.0” strategy, of which the establishment of a world-class Intel Foundry Service (IFS) is a crucial component. To this end, in mid-February of the...
In March 2021, Pat Gelsinger, the CEO of Intel, announced the “IDM 2.0” strategy, in which creating world-class Intel foundry services (IFS) is an important component. To achieve this, Intel acquired Israeli semiconductor company...
Earlier this year, Intel announced that it would acquire Israeli semiconductor manufacturer Tower Semiconductor for $53 per share in cash for a total price of about $5.4 billion. The transaction is expected to be...
Intel announced that it will acquire Israeli semiconductor maker Tower Semiconductor for $53 per share in cash, for a total price of about $5.4 billion. The transaction is expected to be immediately accretive to...
Intel CEO Pat Gelsinger announced the “IDM 2.0” strategy in March last year, one of which is to create a world-class Intel foundry service. If Intel only relies on its own investment, it is...
