What follows are five important things to know about Intel’s terminated $5.4 billion Tower acquisition and how it will impact Intel Foundry Services as well as the company’s IDM 2.0 strategy.

Word of the possible acquisition of Tower Semiconductor comes at a time when Intel, under new CEO Pat ... the Nasdaq stock exchange with the ticker symbol TSEM.

Intel stock rallied early Wednesday following a report that said the company is preparing to cut up to 20% of its workforce.

As the stock market closed in the US, Apple announced the acquisition of Intel’s smartphone modem business. As part of the deal, 2,200 Intel employees will join Apple. The company is also buying ...

Nvidia announced the cancellation of its $40 billion Arm acquisition earlier this month, citing 'severe regulatory hurdles' Intel CEO Pat Gelsinger has said that Intel would be open to being part ...

The termination of the deal will serve as a blow to Intel Foundry Services, the company's nascent but growing contract chip-making business, because the semiconductor giant had viewed the Tower ...