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China blocks Intel’s $5.4B merger with Tower Semiconductor

Por: Ars Technica Tech August 16, 2023

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Navigate Filter by topic Settings Front page layout Site theme - Aug 16, 2023 3:56 pm UTC Today, Intel officially the termination of a $5.4 billion deal with Tower Semiconductor that was supposed to propel Intel closer to its goal of becoming the second-largest global external foundry by the end of the decade. Yesterday, the deadline for completing the deal passed after the tech companies failed to secure timely regulatory approval in China,... + full article



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