Intel to seriously step-up chip production with $5.4B foundry acquisition

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Semiconductor fab investments are one thing of a development proper now, with Intel spearheading the transfer towards a extra wafer-filled future. The corporate is setting as much as barricade itself in as a superpower amongst rivals with a $5.4 billion funding to amass Tower Semiconductor. 

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The deal would put Intel in a supremely defensible place, and the corporate says it’s going to considerably advance its IDM 2.0 technique.

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