: Tower Semiconductor stock soars 50% on report Intel near $6 billion deal to buy the Israel-based chip maker

Intel Corp. is close to a $6 billion deal to buy Tower Semiconductor Ltd., according to a report late Monday, sending U.S.-traded shares of the Israel-based chip maker soaring in the extended session.

Intel Corp. is close to a $6 billion deal to buy Tower Semiconductor Ltd., according to a report late Monday, sending U.S.-traded shares of the Israel-based chip maker soaring in the extended session.