Brief: Intel Foundry Services And Tower Semiconductor Announce New U.S. Foundry Agreement

Tower Semiconductor

05/09/2023 12:45

Sept 5 (Reuters) - Intel Foundry Services:
    * INTEL FOUNDRY SERVICES AND TOWER SEMICONDUCTOR ANNOUNCE NEW U.S. FOUNDRY
AGREEMENT
    * INTEL FOUNDRY SERVICES: INTEL’S ADVANCED 300MM MANUFACTURING FACILITY IN
NEW
MEXICO TO PROVIDE NEW CAPACITY CORRIDOR FOR TOWER
    * INTEL FOUNDRY SERVICES: TOWER WILL INVEST UP TO $300 MILLION TO ACQUIRE
AND OWN
EQUIPMENT AND OTHER FIXED ASSETS TO BE INSTALLED IN NEW MEXICO FACILITY

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