China Sinks Intel’s Acquisition of Tower
Podcast: WSJ What’s NewsPublished On: Wed Aug 16 2023
Description: A.M. Edition for Aug. 16. Intel is walking away from its more-than-$5 billion proposed takeover of Israeli chip maker Tower Semiconductor, after failing to win regulatory approval in China. Asia corporate reporter Dan Strumpf unpacks the latest clash between Washington and Beijing over technology. Plus, traders are stashing natural gas in caverns beneath war-torn Ukraine. And why soaring travel demand is leading to more injuries among ground crews. Luke Vargas hosts. Correction: An earlier version of this episode incorrectly suggested farmer Kyle Bridgeforth was using a new kind of sensor technology on his farm. He uses a more traditional kind of sensor. (Corrected on Aug. 16) Learn more about your ad choices. Visit megaphone.fm/adchoices
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