Intel bets on mature-node fabs for future growth with Tower acquisition

Judy Lin, DIGITIMES, Taipei

Feb 16, 2022, 15:36 0

Intel to acquire Tower Semiconductor for US$5.4 billion. Credit: Intel

Intel announced that it would buy Israel's Tower Semiconductor for US$5.4 billion, emphasizing that the deal would help meet growing semiconductor demand and "bring more value to customers across the US$100 billion addressable foundry market." It is a move to...

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