China crushes US giant Intel’s acquisition of Israeli Tower Semiconductor (www.scmp.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[-] [email protected] 5 points 2 years ago

Good on Chinese regulators for shutting it down. Someone has to be the adult in the room and say no to all the rampant M&A happening worldwide.

[-] [email protected] 6 points 2 years ago

I really doubt China did this for any reason besides their own national security.

[-] [email protected] 3 points 2 years ago

With Taiwan's chip plants rigged in case of invasion, the US and EU building plants, and Japan not sharing, not sure how anyone could think China is doing anything beyond protecting its own production capabilities.

this post was submitted on 16 Aug 2023

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