ISMC’s India chip plan stalls after Tower-Intel deal in setback to Modi

By Munsif Vengattil, Aditya Kalra and Jane Lanhee Lee NEW DELHI/OAKLAND, California (Reuters) – A deliberate $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech companion has been stalled as a result of firm’s ongoing takeover by Intel, three sources mentioned, dashing India’s chip planning. A … Read more