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A $5.4 Billion International Chip Deal with Intel Is off after Greenlight from China Never Arrives
A $5.4 billion acquisition of Israeli chip manufacturer by Intel has been called off after China failed to sign off on the deal amid rising tensions with the United States.
FILE - The Intel logo is displayed on the exterior of Intel headquarters in Santa Clara, Calif., Jan. 12, 2011. (AP Photo/Paul Sakuma, File)
Associated Press
Published on:
Thu, 17 Aug 2023 - 9:07 AM
Updated on:
Thu, 17 Aug 2023 - 9:49 AM
~ 2 min read
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