Page 51 - Tower Semiconductor News Today

Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators.

Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing regulatory hurdles.

Chinese watchdog delay forces US chipmaker to abandon Tower Semiconductor buyout

Get Free Report shares edged higher in pre-market trading after the chipmaker scrapped plans to buy Israel-based Tower Semiconductor, citing difficulty in…

(Bloomberg) -- Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time to win regulatory approval runs out, according to people familiar with the matter.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift Ruble After C...

(Bloomberg) -- Intel Corp. said it’s walking away from its attempt to acquire Tower Semiconductor Ltd., abandoning a $5.4 billion deal after failing to win regulatory approval in time. Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesTycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPACRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 50...

Intel will pay Tower a $353 million penalty for cancellation of the deal, which was due to failure to obtain regulatory approval in China.

Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconducor Inc. after failing to win regulatory approval from China,...

HONG KONG — A $5.4 billion acquisition of Israeli chip manufacturer by Intel has been called off after China failed to sign off on the deal amid rising tensions with the United States. It... -Today at 10:10 am- MarketScreener

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tower Semiconductor (NASDAQ:TSEM) stock is taking a beating on Wednesday after ...