TSEM Stock Rockets On Intel Buyout - Investor's Business Daily
Tower Semiconductor shares rocketed Tuesday after Intel announced plans to acquire the chip foundry for $5.4 billion. TSEM stock surged.
Tower Semiconductor (TSEM) shares rocketed Tuesday after Intel (INTC) announced a deal to buy the Israel-based chip foundry for $5.4 billion. TSEM stock jumped more than 40% on the news.
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