Intel to acquire Tower Semiconductor for $5.4 billion


Intel is going to acquire Tower Semiconductor for $5.4 billion – this was officially announced today.

It has been speculated that the Nikon Z9 sensor is made by Tower Semiconductor (former Tower Jazz).

Here are the details:

  • Transaction creates a globally diverse end-to-end foundry to help meet growing semiconductor demand and brings more value to customers across the nearly $100 billion addressable foundry market.
  • Acquisition accelerates Intel’s path to becoming a major provider of foundry services and capacity globally, now offering one of the industry’s broadest portfolios of differentiated technology.
  • Highly complementary transaction brings together Intel’s leading-edge nodes and scale manufacturing with Tower Semiconductor’s specialty technologies and customer-first approach to deliver leading technology and manufacturing capabilities and enhanced value to customers globally.
  • Transaction is expected to be immediately accretive to Intel’s non-GAAP EPS.
  • Intel and Tower Semiconductor management will host a conference call for investors, media and industry analysts today at 5:30 a.m. PST (3:30 p.m. Israel Standard Time) to provide further details on the transaction.

The full press release can be found here.

Speculations: the upcoming Nikon Z9 sensor will be made by Tower Semiconductor (former TowerJazz) and not by Sony

Nikon Z50 and D7500 sensors made by Tower Semiconductor (former TowerJazz)?

This entry was posted in Nikon Z9 and tagged , . Bookmark the permalink. Trackbacks are closed, but you can post a comment.
  • FCC disclosure statement: this post may contain affiliate links or promotions that do not cost readers anything but help keep this website alive. As an Amazon Associate I earn from qualifying purchases. Thanks for your support!

  • Back to top