There’s been a lot of moving and shaking in the silicon space over the past couple of weeks, the latest of which is Intel announcing it has agreed to acquired Tower Semiconductor for $53 per share in cash, which values the deal at approximately $5.4 billion. The hefty investment plays right into Intel’s IDM 2.0 strategy to “address unprecedented

Source: Hot Hardware – Intel To Acquire Tower Semiconductor In Huge Foundry Services And Capacity Expansion