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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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Regulatory hurdles push Intel and Tower Semiconductor to terminate $5.4bn deal

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

Intel Corporation has confirmed its decision to abort the planned $5.4 billion acquisition of Tower Semiconductor (Nasdaq: TSEM),…

byPallavi Madhiraju

August 16, 2023

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