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Intel acquires Tower Semiconductor for $5.4B, further expanding Intel's ambitious foundry business

Intel has announced the acquisition of Israeli chipmaker Tower Semiconductor for $5.4 billion. The move, which has been unanimously approved by the boards of directors of both companies, will significantly expand Intel's Foundry Services operations.
United States New Mexico Pat Gelsinger Russell Ellwanger Randhir Thakur Tower Semiconductor

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