Page 28 - Tower Semiconductor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Intel and UMC officially announced their landmark collaboration on January 25, 2024, geared toward developing the 12-nanometer process. TrendForce believes that this partnership, which leverages UMC’s diversified technological services and Intel’s existing factory facilities for joint operation, not only aids Intel in transitioning from an IDM to a foundry business model but also brings a wealth of operational experience and enhances manufacturing flexibility.

The banks rose strongly today, lifting the Tel Aviv 35 Index, as NICE Systems and Camtek both declined.

Intel Corporation beats earnings expectations. Reported EPS is $0.54, expectations were $0.44.

INTC earnings call for the period ending December 31, 2023.

India's Interim Budget may include sops to boost the semiconductor industry, with an upgraded version of the SPECS plan that may have a corpus of Rs 10,000 crore. The Indian Semiconductor Mission has attracted investment from companies like Micron Technologies and Foxconn, while discussions are ongoing with TSMC and Japan's TMH Group for semiconductor fabrication units.