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Reading: Intel Nears Roughly $6 Billion Deal to Buy Tower Semiconductor
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The Wall Street Publication > Blog > Markets > Intel Nears Roughly $6 Billion Deal to Buy Tower Semiconductor
Markets

Intel Nears Roughly $6 Billion Deal to Buy Tower Semiconductor

Editorial Board Published February 14, 2022
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Intel Nears Roughly  Billion Deal to Buy 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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