Intel reported to be buying Tower Semi

Intel is about to buy  Israeli foundry Tower Semiconductor for about $6 billion, reports Reuters. Last summer Intel was said to have bid about $30 billion for Globalfoundries but the deal was never done. Tower’s shares soared 53% as the news leaked. Tower runs a wide range of processes such as SiGe, BiCMOS, mixed-signal/CMOS, RF ...

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