Intel and Tower Semiconductor ink chip production deal

Tower Semiconductor will use Intel's Fab 11X in Rio Rancho, New Mexico, to produce power management chips, with Tower buying up to $300 million in manufacturing gear.

“This collaboration with Intel allows us to fulfill our commitment to our customers and expand our manufacturing capacity.”siliconangle.com

• 1 source
• siliconangle.comAfter scrapped acquisition, Intel inks chip production deal with Tower Semiconductor - SiliconANGLEMaria DeutscherSep 5, 2023

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