{"id":48956,"date":"2023-08-16T02:28:24","date_gmt":"2023-08-16T06:28:24","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/intel-set-to-call-off-5-4-billion-purchase-of-tower-semiconductor-report\/"},"modified":"2023-08-16T02:28:26","modified_gmt":"2023-08-16T06:28:26","slug":"intel-set-to-call-off-5-4-billion-purchase-of-tower-semiconductor-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=48956","title":{"rendered":"Intel set to call off $5.4 billion purchase of Tower Semiconductor: report"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002403995\">\n<div class=\"snippet__body\">\n<p>Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconductor Inc. after failing to win regulatory approval from China, Bloomberg News reported Tuesday night.<\/p>\n<p>According to the report, the deadline for the deal is midnight Tuesday, and it is unlikely China will give its approval in the final hours.<\/p>\n<p>Intel announced&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/intel-set-to-call-off-5-4-billion-purchase-of-tower-semiconductor-report-4700f449?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconductor Inc. after failing to win regulatory approval from China, Bloomberg News reported Tuesday night. According to the report, the deadline for the deal is midnight Tuesday, and it is unlikely China will give its approval in the final hours. Intel announced&#8230; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-48956","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intel set to call off $5.4 billion purchase of Tower Semiconductor: report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconductor Inc. after failing to win regulatory approval from China,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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