Tower Semiconductor Ltd. Stock News

CNBC's Kristina Partsinevelos reports on news from Intel.

Intel called off a $5.4 billion deal to purchase Tower Semiconductor after it failed to secure timely regulatory approval from China.

Intel has canceled its planned purchase of Tower Semiconductor. Intel walked away from the deal because it couldn't get Chinese regulatory approval.

Tower Semiconductor (NASDAQ: TSEM ) stock is taking a beating on Wednesday after the company's merger agreement with Intel (NASDAQ: INTC ) was terminated. The problem with the deal was Intel being una

Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here's what investors need to know today.

Tower Semiconductor (NASDAQ:TSEM) stock was priced 11% lower in Wednesday's early transactions after Intel Corporation (NASDAQ:INTC) dropped its acquisition of the chip foundry. Intel unexpectedly ann

Intel Corporation (NASDAQ:INTC) has unexpectedly axed its US$5.4 billion acquisition of Tower Semiconductor, with unnamed sources near to the deal citing regulatory complications and potential integra

Intel first announced plans to buy Tower Semiconductor in 2022 for $5.4 billion, but is now terminating the deal saying it failed to get regulatory approval.

Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar w

A pending acquisition by Intel probably isn't a great reason to buy Tower Semiconductor. Tower is in the midst of a downturn, but if the industry rallies, Tower could rally with it.

Tower beat sales and earnings estimates in the second quarter. The stock is also getting a boost from news that Chinese regulators have approved a sale elsewhere in the semiconductor industry.

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The share price of Tower Semiconductor Ltd has been trending downward for the last 12 months, making it an appealing investment opportunity despite the downturn in revenues. The company's balance shee

MIGDAL HAEMEK, Israel – July 10 , 202 3 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2023 earnings on

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