Intel buys Tower Semiconductor for $5.4 billion to diversify foundry business
https://arstechnica.com/tech-policy/2022/02/intel-buys-tower-semiconductor-for-5-4-billion-to-diversify-foundry-business/
Intel has agreed to pay $5.4 billion to buy Tower Semiconductor, an Israeli foundry that focuses on specialty processes to make chips for imaging, power management, and wireless communications.