Page 122 - Tower Semiconductor News Today

By Colin Kellaher Shares of Tower Semiconductor Ltd. surged more than 45% in premarket trading Tuesday after the Israeli chip company agreed to be acquired by U.S. giant Intel Corp. for about... | February 16, 2022

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Tower, based in northern Israel, is a foundry for analog semiconductors in global high-growth markets such as mobile, automotive and power.

Based in northern Israel, Tower is a foundry for analog semiconductors in global high-growth markets such as mobile, automotive and power.

Stocks that traded heavily or had substantial price changes Tuesday: MoneyGram, Arista rise; Leidos, Fidelity National fall

Almost forgotten as the investing public priced in a reduced probability for war in eastern Europe, was the January data for producer prices....CAR

Intel and Tower Semiconductor announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash.

Wall St fired up yesterday, with the Dow ending up over 400 points and the Nasdaq jumping 2%. The ASX is expected to follow suit, with ASX futures up by 1%...

The acquisition deepens Intel's presence in a sector dominated by Taiwan-based TSMC. . Read more at straitstimes.com.