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The Wall Street Publication > Blog > Business > Intel Nears $6 Billion Deal for Tower Semiconductor
Business

Intel Nears $6 Billion Deal for Tower Semiconductor

Editorial Board Published February 14, 2022
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Intel Nears  Billion Deal for Tower Semiconductor
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Intel Corp. is close to a deal to buy Israeli chip company Tower Semiconductor Ltd. for nearly $6 billion, according to people familiar with the matter, bolstering a plan to make more chips for other companies.

A deal could be unveiled as soon as this week, assuming the talks don’t fall apart, the people said.

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