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...
11 Feb, 2026, 10.13 PM IST
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...
30 Apr, 2025, 04.09 PM IST
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...
13 Nov, 2024, 07.38 PM IST
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...
10 Sep, 2024, 12.17 AM IST
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...
07 Sep, 2024, 10.18 AM IST
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...
06 Sep, 2024, 05.30 AM IST
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...
23 May, 2024, 06.00 AM IST
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...
29 Feb, 2024, 06.00 AM IST
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...
25 Dec, 2023, 06.00 AM IST
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...
31 Oct, 2023, 06.01 AM IST
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...
16 Aug, 2023, 09.08 AM IST
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.
09 Nov, 2022, 10.04 AM IST
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...
14 Sep, 2022, 10.31 PM IST
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,...
27 Jul, 2022, 10.43 AM IST
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...
15 Feb, 2022, 05.36 PM IST
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...
09 Sep, 2021, 06.00 AM IST
- Israel's Tower eyes tech transfer deals with SemIndia, HSMC
Tower Semiconductor, the second largest fab company in Israel, has zoomed in on India to transfer technology in chip making and provide spe...
05 Sep, 2007, 01.19 AM IST