Intel Foundry Services (IFS) and Tower Semiconductor Forge Strategic Alliance
Intel Foundry Services (IFS) and Tower Semiconductor have announced agreement aimed at expanding Tower’s global manufacturing capacity
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Intel Foundry Services (IFS) and Tower Semiconductor have announced agreement aimed at expanding Tower’s global manufacturing capacity
IFS to make chips for Tower at Fab 11X in Rio Rancho, New Mexico.
After failing to secure Chinese approval for Intel’s planned Tower Purchase, the companies will instead focus on teaming up to boost Intel’s US manufacturing.
On the heels of Intel's decision to cancel its acquisition of Tower Semiconductor, the two companies have announced a $300 million partnership.
Intel Corporation (NASDAQ: INTC) shares are trading lower by 2.54% to $32.68 Thursday morning after the company and Tower Semiconductor recently terminated their pe