Tower Semiconductor

Sources: Adani Group pauses talks with Israel's Tower Semiconductor about a $10B chip project in Maharashtra, India, due to uncertainty around potential demand

Adani Group and Tower Semiconductor plan to invest ~$10B for a chip plant in Maharashtra, India; the plant will have an initial capacity of 40K wafers per month

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 :

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 :

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 …

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.