Intel Foundry Services and Tower Semiconductor Forge Strategic US Foundry Agreement

Intel Foundry Services and Tower Semiconductor have announced a groundbreaking agreement. Intel will provide foundry services and manufacturing capacity to Tower Semiconductor, enabling them to meet the growing demands of their customers worldwide. This partnership showcases the commitment of both companies to expand their foundry capabilities and provide innovative solutions. Under this agreement, Tower Semiconductor will invest in Intel’s advanced manufacturing facility in New Mexico, reinforcing its