Tower goes under an American

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Thanks to the companies Thermo Fisher, Tescan and Delong Instruments, Brno supplies every third electron microscope in the world. Good numbers thanks to chips are also reported by Meopta from Přerov, which supplies optics to ASML and Applied Materials.Another result of the trade technology war between the US and China.  Intel won't buy Israeli semiconductor maker Tower Semiconductor  for $. billion after all. Chinese regulators did not give it the green light.



China is concerned that if the  firm, the increasingly Chinese American Phone Number List sanctioned country will lose access to the Tower's production. For Intel, the business collapse is a problem. The company launched the Intel Foundry strategy, thanks to which it wants to sart custom chip production and compete with TSMC or Samsung. The Tower was supposed to be one piece of the puzzle. Instead, Intel will pay $ million as part of the "compensation.






Again, it could be said that the US government is weakening its own company with sanctions. A nice thread on this is  here .advertisingAdvertisement According to its boss Pat Gelsinger, Intel should be the biggest recipient of money from the American Chips Act , where the federal government sends  billion dollars. Gelsinger argues  that the cost of building factories is up to  percent higher than in Asia, and that a domestic champion like Intel should be supported because it is the one that can TSMC et al.