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ISRAELI TOWER SEMICONDUCTOR
Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip dealsTower Semiconductor anticipates exceeding second-quarter revenue expectations. The company has secured significant deals worth $1.3 billion...- Tower Semiconductor beats quarterly profit estimates on AI-driven chip demandIsraeli contract chipmaker Tower Semiconductor beat Wall Street expectations for fourth-quarter profit on Wednesday, helped by demand for i...
- Adani pauses talks with Israel's Tower for $10 billion India chip foray, sources sayGautam Adani's group has paused discussions with Tower Semiconductor for a $10 billion chip project, deeming it strategically and commercia...
- Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 million investment planThe Israeli chipmaker's increased estimate is due to a revival in demand for chips. The company's U.S.-listed shares were up by 7.5% in pre...
- Semiconductor mission may get $10-billion booster shotISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and desig...
- Govt asks Israel’s Tower to rework chip fab proposalThe government requested Tower Semiconductor to revise its proposal for a chip fab unit. The government seeks the Israeli company to collab...
- Tower's plan for first Indian chip foundry likely to get nod todayTower's Indian chip foundry project is pegged at $9-10 billion, of which 50% will be subsidised by the Centre under the Indian Semiconducto...
- Israel's chipmaker Tower resubmits proposal to set up 65 nm, 40 nm chip fabThe company, however, is also facing legal action from its erstwhile joint venture partner Abu Dhabi-based Next Orbit Ventures which is con...
- Israel’s Tower seeks government inputs for fab foray by FY24-endThis marks a second attempt by the Israeli company to enter the semiconductor space in India after an earlier JV agreement with ISMC to set...
- Intel scraps $5.4 billion Tower deal after China review delayIntel, which had decided to buy Tower last year, will pay a termination fee of $353 million to the latter, the company said in a statement.
- Intel to walk away from $5.4 billion acquisition of Tower SemiconductorIntel will not acquire Israeli contract chipmaker Tower Semiconductor as the $5.4bn deal expires on Tuesday and Intel did not secure approv...
- India likely to invite more companies to set up semiconductor unitsGovt said to be in advanced talks with four global chip makers to set up fabs
- Intel exec says semiconductor opportunities moving to IndiaManufacturing constraints across certain geographies and the government’s Make-in-India initiative have helped make the country a top desti...
- Sop evaluations still on, Ministry tells semiconductor applicant“Going by conversations with the ministry, we are hoping the approvals will start rolling out by October,” an industry representative aware...
- ISMC seeks speedy semiconductor sops nod to start building by year-endThe letter, dated August 8, was addressed to the ISM, electronics and information technology minister Ashwini Vaishnaw and junior minister ...
- Delay in semiconductor sop approvals due to headless ISM: sourcesOn an India visit, Tower Semiconductor CEO Russell C Ellwanger met Minister of State for Electronics and IT Rajeev Chandrasekhar on Monday,...
- In tight race, Karnataka close to plucking ISMC’s $3-b semiconductor fabPeople privy to the deal said the southern state has suggested an Electronics and Systems Design cluster in Mysuru as the investment destin...
- Semiconductor fab plant: Def PSUs in the fray, look at self dependencySources said the decision to go in for a joint bid was taken as the PSUs would be able to reduce dependency on foreign suppliers for the bu...
- Intel buying Israeli chipmaker Tower Semiconductor for $5.4 billionThe transaction is expected to close in about 12 months and has already been unanimously approved by both boards. The deal is still subject...
- Israel's Tower eyes tech transfer deals with SemIndia, HSMCTower Semiconductor, the second largest fab company in Israel, has zoomed in on India to transfer technology in chip making and provide spe...
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