2026-09-24
2026-04-04
2026-04-03
CTech
Tower Semiconductor's market cap tops $20B, four years after a near-sale to Intel for $5B; shares are up ~60% over the past month and ~525% over the past year
Once overlooked, the company is now central to investor expectations around AI. — Four years ago, Tower Semiconductor was nearly sold to Intel for $5 billion.
2025-05-01
2024-09-06
2024-02-26
Bloomberg
2 related
Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat
Sankalp Phartiyal / Bloomberg :
2023-09-05
Reuters
5 related
Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel's New Mexico factory, after their $5.4B merger collapsed in August
Yuvraj Malik / Reuters :
2023-08-16
Bloomberg
20 related
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 …
2022-02-27
Stratechery
An interview with Intel CEO Pat Gelsinger about his IDM 2.0 strategy, partnering with TSMC, the Tower Semiconductor acquisition, and learning from AMD's success
Intel has been one of the companies I have focused on from the very beginning of Stratechery. Tweets: @ntaylor963 Tweets: Nathan Taylor / @ntaylor963 : Ben Thompson interview of Intel CEO Pat Gelsinge...
2022-02-15
Bloomberg
40 related
Intel agrees to acquire Israeli chip company Tower Semiconductor for around $5.4B, or $53 per share; the deal is expected to close in 12 months
Intel Corp. agreed to acquire Tower Semiconductor Ltd. for about $5.4 billion, part of Chief Executive Officer Pat Gelsinger's push into the outsourced chip-manufacturing business.
Loading articles...