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With Tower acquisition, Intel will take over industry’s ninth largest foundry
Intel announced plans to acquire Tower Semiconductor for $5.4 billion as part of efforts to become a major provider of foundry services and capacity. Intel describes the deal as highly complementary, bringing together its leading-edge nodes and scale manufacturing with Tower’s specialty technologies and customer-first approach to delivering technology and manufacturing capabilities.

Based on data compiled for Knometa’s new Global Wafer Capacity 2022 report, Tower was industry’s ninth largest foundry at the end of 2021 in terms of installed capacity. Tower has four wholly owned and three majority owned fab sites around the world. Tower also has a partnership with STMicroelectronics to share the cleanroom space in a new 300mm fab ST is opening later this year in Italy.

Tower's wholly owned fabs
Fab Name and Location Wafer Capacity
Fab 1 – Migdal Haemek, Israel 150mm 20,000 wpm
Fab 2 – Migdal Haemek, Israel 200mm 43,000 wpm
Fab 3 – Newport Beach, California, USA 200mm 24,000 wpm
Fab 9 – San Antonio, Texas, USA 200mm 30,000 wpm

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