Tag: Pat Gelsinger

Regulatory hurdles compel Intel, Tower Semiconductor to scrap $5.4bn deal

businessnewstoday- August 16, 2023

Intel Corporation has confirmed its decision to abort the planned $5.4 billion acquisition of Tower Semiconductor (Nasdaq: TSEM), pointing to unexpected delays in obtaining necessary ... Read More

Intel, Germany finalize deal for €30bn wafer fabrication site in Magdeburg

businessnewstoday- June 19, 2023

Intel has inked a revised letter of intent with the German federal government regarding the development of its wafer fabrication site in Magdeburg, Germany's Saxony-Anhalt ... Read More

Intel selects Poland for $4.6bn semiconductor assembly and test facility

businessnewstoday- June 19, 2023

Intel has announced its selection of a site near Wrocław, Poland, for a new state-of-the-art semiconductor assembly and test facility. The facility aims to address ... Read More

Intel to acquire Israeli semiconductor company Tower Semiconductor

businessnewstoday- February 16, 2022

Intel has signed a deal worth approximately $5.4 billion to acquire Israeli semiconductor company Tower Semiconductor in a move to creates a globally diverse end-to-end ... Read More

Intel to invest $20bn in two new chip factories in Licking County, Ohio

businessnewstoday- January 23, 2022

Intel said that it will make an initial investment of over $20 billion to build two new chip factories in Licking County, Ohio with an ... Read More

Intel breaks ground on $20bn computer chip factories in Chandler

businessnewstoday- September 27, 2021

Intel Corporation has started construction on a couple of new computer chip factories dubbed Fab 52 and Fab 62 at its Ocotillo campus in Chandler, ... Read More