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Windows Central
Windows Central
Technology
Sean Endicott

Intel's $5.4 billion purchase of Tower Semiconductor is supposed to go through today, but will China block it?

Intel Corporation Tower Tower Semiconductor Semiconductor China SAMR Intel Foundry Services Tom Hardware
New Intel Core processor branding for 2023

What you need to know

  • Intel announced an agreement to purchase Tower Semiconductor for $5.4 billion in February 2022.
  • Tower produces semiconductors and would help Intel's IDM 2.0 efforts compete with large players in the industry.
  • The deal was expected to close 12 months after its announcement, but it has been pushed back twice due to China having not approved the purchase.
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