Tower Semiconductor

Intel to Acquire Tower Semiconductor for $5.4 Billion USD

Intel is making another bid to expand its chip manufacturing operations. [caption id="attachment_368613" align="aligncenter" width="640"] Intel, Tower Semiconductor logos[/caption] Intel has confirmed its $5.4 billion USD plans to acquire Tower Semiconductor, just hours after the first unofficial information about the move broke. The deal will boost Intel's IDM 2.0 strategy that involves outsourcing some production to...