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Intel, Tower terminate US$5.4 billion deal over regulatory hurdles

NEW YORK: Intel and Israeli contract chipmaker Tower Semiconductor's proposed US$5.4 billion deal has been mutually terminated as they were unable to get timely regulatory approvals, the companies said on Wednesday (Aug 16). Shares of the Israeli company fell about 9 per cent in the United States as well a
United States Tel Aviv Benjamin Netanyahu Pat Gelsinger Taiwan Semiconductor Manufacturing Dupont De Nemours Inc

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