China thwarts Intel’s $5.4B Israeli chipmaker purchase

by tyjen on 8/16/2023, 11:36:40 AM with 7 comments

  • by f0e4c2f7 on 8/16/2023, 12:37:47 PM

    I feel like I'm missing something here. Why are Chinese regulators involved in an American company buying an Israeli company? Because Intel or Tower have offices / fabs in China? Because China is a supplier for one or both?

    Couldn't parse that from the article. Would be interested in an explanation from someone with a better understanding of the industry.

  • by archo on 8/16/2023, 11:40:16 AM

    https://archive.is/RU1jt

  • by alephnerd on 8/16/2023, 12:21:41 PM

    Oh shit. The Tower Semicondutor deal was massive!

    Does this mean their Fab expansion plans in the US and India as well as Intel's Haifa 2 plans are back on track? They both paused both of those during the merger