Intel to Build Tower Semiconductor's Chips at New Mexico Plant

September 6, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Intel Corporation (NASDAQ:INTC) (Santa Clara, California) said Tuesday it has struck a deal to build chips for Tower Semiconductor (NYSE:TSEM) (Migdal Haemek, Israel) at its manufacturing plant in New Mexico. Industrial Info is tracking six projects worth more than $50 billion from Intel in the U.S., including a major upgrade at the aforementioned plant.