Intel buys Tower - Best way to become foundry is to buy one
-Intel jumpstarts foundry model with Tower semi buy @$54B Gets complementary tech to round out offerings
-Approval based on satisfying China’s needs as well
-Margin concerns overblown- Will it be allowed to flourish?
Intel pays up to get foundry and technology….
Intel announced a $5.4B acquisition of Tower Semiconductor in Israel. This amounts to $53 per share for a company whose last trade was $33 per share or a whopping 60% premium.
Intel is getting a very well run company that has been a foundry for a long time as well as technology that it currently does not offer that will add to a broader foundry offering other than just bulk CMOS.
In addition the company gets more China business as well as military business both of which are needed to support Intel’s strategic direction. In essence this deal covers multiple birds with one stone which likely accounts for the premium.
To read the full article, click here
Related Semiconductor IP
- Process/Voltage/Temperature Sensor with Self-calibration (Supply voltage 1.2V) - TSMC 3nm N3P
- USB 20Gbps Device Controller
- SM4 Cipher Engine
- Ultra-High-Speed Time-Interleaved 7-bit 64GSPS ADC on 3nm
- Fault Tolerant DDR2/DDR3/DDR4 Memory controller
Related Blogs
- Intel and Cadence Partner to Build Out the Foundry Ecosystem in America
- Ambient IoT: 5 Ways Packetcraft's Software is Optimized to Enable the New Class of Connectivity
- Formal verification best practices to reach your targets
- How AI Is Enabling Digital Design Retargeting to Maximize Productivity
Latest Blogs
- Shaping the Future of Semiconductor Design Through Collaboration: Synopsys Wins Multiple TSMC OIP Partner of the Year Awards
- Pushing the Boundaries of Memory: What’s New with Weebit and AI
- Root of Trust: A Security Essential for Cyber Defense
- Evolution of AMBA AXI Protocol: An Introduction to the Issue L Update
- An Introduction to AMBA CHI Chip-to-Chip (C2C) Protocol