China Delays Kill Intel's Tower Acquisition, Intel to Pay $353 Million Breakup Fee
Intel will not pursue acquisition of Tower Semiconductor following delay of Chinese review.
Source: yahoo.com
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Intel Announces Termination of Tower Semiconductor Acquisition
Intel continues to advance plans to create world-class system foundry as part of its IDM 2.0 strategy. ... -Today at 03:03 am- MarketScreener
Source: marketscreener.com
Intel : Announces Termination of Tower Acquisition
SANTA CLARA, Calif., Aug. 16, 2023 - Intel Corporation today announced that it has mutually agreed with Tower Semiconductor to terminate its previously disclosed agreement to... -Today at 03:11 am- MarketScreener
Source: marketscreener.com
It's official, Intel abandons Tower deal
The rumours proved to be true, Intel has chosen to terminate its acquisition of Tower Semiconductor.
Source: evertiq.com
Intel abandons chipmaking acquisition after failing to secure Chinese approval
Intel has officially terminated its acquisition of Tower Semiconductor which it said it was going to buy for $5.4 billion, after failing to get regulatory approval from China.
Source: theverge.com