Intel ends its $5.4B deal to buy Israeli company Tower Semiconductor after failing to win Chinese regulatory approval; Intel announced the deal in February 2022
- Deal for Tower Semiconductor needed Chinese antitrust approval — Intel Corp. walked away from its attempt …
Bloomberg
Related Coverage
- Pat Gelsinger On Intel Axing Tower Acquisition: We'll ‘Work Together In the Future’ CRN · Mark Haranas
- China Delays Kill Intel's Tower Acquisition, Intel to Pay $353 Million Breakup Fee Tom's Hardware · Anton Shilov
- Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals Associated Press
- China Torpedoes Intel's Bid to Buy Israeli Chip Maker Tower Semiconductor Wall Street Journal
- Chinese curse becomes blessing for Intel Globes Online · Assaf Gilead
- Intel Scraps Tower Acquisition After China Fails to Approve Deal Livemint
- Intel abandons chipmaking acquisition after failing to secure Chinese approval The Verge · Jon Porter
- Intel ends deal to buy Tower Semiconductor after failure to gain Chinese regulatory approval South China Morning Post · Dylan Butts
- Tower Semiconductor deal fails, in setback to Intel's plan to compete with TSMC 9to5Mac · Ben Lovejoy
- Intel Announces Termination of Tower Semiconductor Acquisition Intel
- China thwarts Intel's $5.4bn Israeli chipmaker purchase Financial Times
- Intel walks away from its $5.4 billion takeover of Tower Semiconductor Engadget · Steve Dent
- Intel and Tower Semiconductor cancel $5.4B merger over regulatory hurdles TechCrunch · Paul Sawers
- Intel's $5.4 billion acquisition of Tower Semiconductor called off due to lack of Chinese regulatory approval TechSpot · Rob Thubron
- Intel won't be buying Tower Semiconductor due to China failing to approve the deal in time Neowin · John Callaham
- Intel terminates plan to buy Tower Semiconductor Reuters · Anirudh Saligrama
- Intel Acquisition of Tower Semiconductor Is Scuttled by China New York Times
- Intel scraps $5.4 billion acquisition of Tower Semiconductor after regulators fail to approve deal CNBC · Arjun Kharpal
- Intel Drops $5.4 Billion Deal for Tower Semiconductor Amid China Holdup. It's a Blow to Chip Strategy. Barron's Online · Adam Clark
- Intel to walk away from $5.4 bln acquisition of Tower Semiconductor -sources ChinaTechNews.com
Discussion
-
Phoronix
Phoronix
on x
Intel Acquisition Of Tower Semiconductor Falls Through
-
@sino_market
@sino_market
on x
⚡Tower Semiconductor is down 9.74% in the pre-market session after Intel failed to get the nod for an acquisition deal from #China. $TSEM $INTC [image]
-
@_fabknowledge_
@_fabknowledge_
on x
In November of last year, I wrote that the Tower deal wouldn't go through. Today we get proof of what I thought was likely at the time. Read more here: https://www.fabricatedknowledge.com/ ...
-
@fosspatents
Florian Mueller
on x
This @WindowsCentral story shows that merger approval from China's SAMR must never be taken for granted. (They cleared the ABK deal.) Intel's $5.4 billion purchase of Tower Semiconductor is supposed to go through today, but will China block it? https://www.windowscentral.com/ ...
-
r/AMD_Stock
r
on reddit
Intel Announces Termination of Tower Semiconductor Acquisition