SANTA CLARA (CBS SF/AP) — Intel announced Tuesday that it's buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaker an edge in the business of ...

HONG KONG (AP) — A $5.4 billion acquisition of Israeli chip manufacturer by Intel has been called off after China failed to sign off on the deal amid rising tensions with the United States. It was a ...

Weeks after Intel’s proposed $5.4 billion acquisition of Israel-based Tower Semiconductor fell apart, the two firms announced plans for Intel to provide foundry services to its former acquisition ...

Intel's planned $5.4 billion acquisition of Israel-based Tower falls apart, as China fails to approve the deal before the companies' agreement deadline. Intel’s planned $5.4 billion acquisition of ...

The termination of Intel’s $5.4 billion deal to acquire Tower Semiconductor is a setback for Intel Foundry Services, the company’s nascent but growing contract chip-making business, because the ...

Intel could soon announce a nearly $6 billion acquisition that would give its fledgling foundry business a boost, according to The Wall Street Journal. The chip giant is reportedly close to clinching ...

Intel Corporation (Nasdaq: INTC) today announced that it has mutually agreed with Tower Semiconductor (Nasdaq: TSEM) to terminate its previously disclosed agreement to acquire Tower due to the ...