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Intel expands in specialty chipmaking with $5.4 bln deal for Israel''s Tower
11:18am, Tuesday, 15'th Feb 2022 Reuters
Intel Corp is buying Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, giving it access to more specialised production and making it better positioned to take advantage of soaring demand for semiconductors.
Russia Pullback, Intel, Peloton, Elon Musk and Warren Buffett - Five Things You Must Know
10:48am, Tuesday, 15'th Feb 2022 The Street
Stock futures surge as reports say Russian troops pull back from Ukraine border; Intel to buy Tower Semiconductor for $5.4 billion; Peloton share jump on management shake-up, stake builds; Elon Musk donates $5 billion in Tesla stock to charity and Warren Buffett plays some Activision.
Intel claims its crypto mining chip is 1000 times faster than other GPUs
10:42am, Tuesday, 15'th Feb 2022 The Indian Express
Cryptocurrency mining is a process to introduce a new block in a blockchain, by running a series of complex algorithms that require high power consumption devices such as GPUs.
Intel to acquire contract chipmaker Tower Semiconductor for $5.4B
10:13am, Tuesday, 15'th Feb 2022 VentureBeat
Intel has confirmed plans to acquire Israeli "contract" chipmaker Tower Semiconductor in a deal worth $5.4 billion.
Intel Agrees to Buy Tower Semiconductor in $5.4 Billion Deal
10:07am, Tuesday, 15'th Feb 2022 Barron''s
An acquisition of Tower would help Intel make up ground lost in chip making to Taiwan Semiconductor Manufacturing Co. and Samsung.
Intel to buy Israeli chip maker Tower for $5.8 billion
09:59am, Tuesday, 15'th Feb 2022 Haaretz
Tower specializes in analog chips used in the automotive, mobile, medical and aerospace industries, and it will allow Intel to expand into the foundry market of bespoke chips
Intel to acquire Israeli firm Tower Semiconductor for $5.4 billion
09:49am, Tuesday, 15'th Feb 2022 The Times of Israel
Migdal Ha''emek-based company, founded in 1993, is leading maker of chips and semiconductors; purchase will be Intel''s sixth acquisition of an Israeli company in recent years
Intel to take over Tower Semiconductor for $5.4B
09:42am, Tuesday, 15'th Feb 2022 Breaking the News 24/7
Intel Corporation announced on Tuesday that it has reached a final deal with Tower Semiconductor as part of which it will be acquiring the company for $53 per share in cash, amounting to a total value…
Intel plans to acquire Israeli chip company Tower Semiconductor for around $5.4B, or $53 per share; the deal is expected to close in 12 months (Ian King/Bloomberg)
09:39am, Tuesday, 15'th Feb 2022 Techmeme
Ian King / Bloomberg : Intel plans 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.
Intel buying Israeli chipmaker Tower Semiconductor for $5.4 billion
09:38am, Tuesday, 15'th Feb 2022 Reuters
Intel Corp signed a deal to buy Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, as Intel looks to further expand its manufacturing capacity and technology portfolio amid rising demand.
Tower Semiconductor soars 50% on ~$5.4B acquisition by Intel
09:35am, Tuesday, 15'th Feb 2022 Seeking Alpha
Intel (INTC) is acquiring Tower Semiconductor (TSEM) for $53 per share in cash, representing a total enterprise value of ~$5.4B.The acquisition advances Intel’s IDM 2.0 strategy as…
Intel in talks to acquire Israeli company Tower Semiconductor
06:53am, Tuesday, 15'th Feb 2022 Arutz Sheva (Israel National News)
Intel is in talks to acquire the Israeli chip company Tower Semiconductor, Reuters reported, citing a source involved in the details. According to the source, the value of the deal is $6 billion.
Intel’s Potential $6B Deal To Buy Tower Semiconductor Will Reportedly Be Unveiled This Week
06:30am, Tuesday, 15'th Feb 2022 Forbes Middle EastIntel is close to buying the Israeli chip company for about $6 billion and a deal could be unveiled as soon as this week, Reuters reported Tuesday, citing people familiar with the matter.
Intel nears $6 bln deal to buy Tower Semiconductor
06:00am, Tuesday, 15'th Feb 2022 Trend News Agency (English)
Intel Corp is close to buying Israeli firm Tower Semiconductor for about $6 billion, a source familiar with the matter said, as the U.S. company looks to advance its strategy of contract manufacturing chips for other businesses, Trend reports with reference to Reuters.
Intel nears $6 billion deal to buy Tower Semiconductor
04:21am, Tuesday, 15'th Feb 2022 The Hindu
The potential purchase would deepen Intel''s presence in a space dominated by Taiwan-based TSMC, the world''s largest contract chipmaker.
