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Wall Street Breakfast

Intel axes Tower Semi acquisition

Wed, 16 Aug 2023

Description

Intel (INTC) axes Tower Semiconductor (TSEM) acquisition after not getting China nod. (00:22) Electric vehicle maker Vinfast (VFS) skyrockets in Nasdaq debut. (01:08) First Solar (FSLR) slides after audit finds forced labor in Malaysian factory. (02:03)Sign up for our daily newsletter here and for full access to transcripts, analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.Show links:Biggest stock movers today: Tower Semiconductor, DLocal Limited and morePhillips 66 to lay off 275 office workers in latest cost-cutting moveSilvergate Capital CEO to depart in next phase of crypto bank's wind-downEsmark CEO says he has cash for U.S. Steel deal

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