back to article Intel buys Tower Semiconductor to expand fab business

Intel has confirmed its plans to spend $5.4bn to acquire Israeli chip firm Tower Semiconductor as part of its scheme to expand and diversify its chip manufacturing business. The US chipmaker announced it has entered into a definitive agreement to acquire Tower Semiconductor, which specialises in manufacturing high-value …

  1. Hubert Cumberdale Silver badge
    Coat

    "Intel ... to expand fab business"?

    Isn't it a bit biased to suggest that Intel's business is fab?

    1. confused and dazed

      Re: "Intel ... to expand fab business"?

      Not really - fab certainly is part of Intel's business

      1. Hubert Cumberdale Silver badge

        Re: "Intel ... to expand fab business"?

        (whoosh)

    2. Anonymous Coward
      Paris Hilton

      Re: "Intel ... to expand fab business"?

      It's divine, darling !!!

    3. The Man Who Fell To Earth Silver badge
      FAIL

      Re: "Intel ... to expand fab business"?

      Give Intel's decades-long track record of going into areas and then abandoning them after a handful of years leaving the customer base high & dry, if I were a Tower customer I'd start looking for alternate sourcing now.

  2. ShadowSystems

    Intel & leading edge?

    You said those two in the same breath without breaking out into derrisive snickers, snorts, &/or outright laughter?

    It says something that Intel has to buy someone else in order to become said marketing buzzwords as they've lost the ability to be so on their own.

    They have to contract to a competitor in order to reliably get their own products made because they can no longer do it themselves.

    The new Intel logo should read "Intel: Using Someone Else's."

    1. Alistair
      Windows

      Re: Intel & leading edge?

      ShadowSystems:

      "Using Someone Else's" is the current hot item in computing doncha know, Cloud and all that. Intel and IBM and (cough) MS were the the bee all and end all some time back. Now they're all "Using Someone Else's". Intel using someone else's foundries, IBM using someone else's Cloud, MS using someone else's code.

      The dumbing down is getting very wide spread of late think you not?

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