Intel's terminated $5.4bn Tower acquisition: 5 big things to know

The termination of Intel’s $5.4bn deal to acquire Tower Semiconductor is a setback for Intel Foundry Services, the company’s nascent but growing contract chip-making business. CRN lays out how this will impact Intel

clock • 7 min read
Intel's terminated $5.4bn Tower acquisition: 5 big things to know

Intel suffered a setback for a key part of CEO Pat Gelsinger's comeback plan on Wednesday when the semiconductor giant announced the termination of its $5.4bn deal to acquire Israeli chipmaker Towe...

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