ISMC $3-Billion India Semiconductor Plant Plans Stall as Intel Acquires Tech Partner Tower

Chip consortium ISMC was planning a $3 billion (roughly Rs. 24,700 crore) semiconductor facility in India. The consortium including the Israeli chipmaker Tower as a tech partner has been stalled due to the company's ongoing takeover by Intel, three sources claimed.

source https://www.gadgets360.com/internet/news/india-chip-plant-ismc-tower-semiconductor-israel-intel-takeover-chipset-vedanta-foxconn-jv-narendra-modi-4084849#rss-gadgets-all

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