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TOWER SEMICONDUCTORS
India’s lost chip dream: The mysterious 1989 fire that may have cost the nation the AI raceIndia began semiconductor manufacturing before Taiwan Semiconductor Manufacturing Company. A fire in 1989 and policy neglect stalled progre...- 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...
- Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...
- 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...
- India Semiconductor Mission to expand in Phase Two with new proposals, focus on full ecosystem developmentThe government plans to expand the India Semiconductor Mission (ISM) to support semiconductor chip fabrication, packaging, and other ecosys...
- 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...
- Maharashtra says Tower-Adani to set up $10 billion semiconductor unitThe Maharashtra cabinet has approved a $10-billion investment by a Tower Semiconductor-Adani Group joint venture to establish a semiconduct...
- 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 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...
- Centre to decide on semiconductor fab by Feb: Karnataka IT ministerISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel's Tower Semiconductor.
- 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...
- 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,...
- 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...
- Fast track chip-making plan: Upset Israeli company writes to PMTower Semiconductor is the technology partner of a consortium floated by Abu Dhabi-based Next Orbit Ventures, which pitched for a $3 billio...
- 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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