Intel to still produce Tower chips after billion-dollar acquisition falls through
Intel and Israeli chip maker Tower Semiconductors are still set to work closely together, despite the cancelled acquisition that would have been worth more than 5 billion euros. Tower is investing 280 million euros ($300 million) in Intel Foundry Services' plant in New Mexico to produce 65nm proces... Read more
Intel loses market share to AMD in servers, abandons Tower acquisition
There is a lot going on at Intel. The chip company appears to be losing ground against AMD in the server market, while it has had to abandon its acquisition of Israel's Tower Semiconductor due to Chinese regulators. Still, it is not all doom and gloom: as far as consumer PCs are concerned, it has b... Read more
‘Intel wants to acquire Tower Semiconductor for 5.3 billion euros’
Intel wants to acquire Tower Semiconductor for 5.3 billion euros (6 billion dollars). This is reported by the Wall Street Journal based on anonymous sources.
Chip giant Intel has set its sights on Tower Semiconductor, an Israeli chip manufacturer. Anonymous sources told the Wall Street Journal t... Read more