Should Intel Stock Investors Be Worried About Failed Tower Semiconductor Acquisition?

By Jose Najarro – Aug 17, 2023 at 6:15AM

NASDAQ: INTC

Intel

Market Cap

$135B

Today's Change

(-9.20%) -$3.23

Current Price

$31.88

Price as of April 26, 2024, 4:00 p.m. ET

Did Intel's manufacturing endeavors just hit a major hurdle?

In today's video, I discuss Intel (INTC -9.20%) and Tower Semiconductor's (TSEM 0.59%) failed acquisition and how it can affect Intel's manufacturing plans. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Aug. 16, 2023. The video was published on Aug. 16, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tower Semiconductor. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.