Israeli Chipmaker Enters into $5.4 Billion Deal with Intel

Intel Corp is buying Tower Semiconductor, an Israeli company specializing in chipmaking. As reported by Reuters and the Algemeiner, the move comes at an opportune time, “when the global semiconductor shortage has hampered the production of everything from smartphones to cars.” It will also help to restore Intel’s dominance in the field at a moment when the U.S. is highly reliant on Asian chipmakers.

The acquisition will deepen Intel’s presence in a sector dominated by the Taiwan-based TSMC, the world’s largest chipmaker.

“Tower’s specialty technology portfolio (and) geographic reach . . . will help scale Intel’s foundry services and advance our goal of becoming a major provider of foundry capacity globally,” said Intel’s chief executive Pat Gelsinger.

“This deal will enable Intel to offer a compelling breadth of leading-edge nodes and differentiated specialty technologies on mature nodes—unlocking new opportunities for existing and future customers in an era of unprecedented demand for semiconductors,” he said in a statement.

Read more at Algemeiner

More about: Israeli economy, Israeli technology

How Columbia Failed Its Jewish Students

While it is commendable that administrators of several universities finally called upon police to crack down on violent and disruptive anti-Israel protests, the actions they have taken may be insufficient. At Columbia, demonstrators reestablished their encampment on the main quad after it had been cleared by the police, and the university seems reluctant to use force again. The school also decided to hold classes remotely until the end of the semester. Such moves, whatever their merits, do nothing to fix the factors that allowed campuses to become hotbeds of pro-Hamas activism in the first place. The editors of National Review examine how things go to this point:

Since the 10/7 massacre, Columbia’s Jewish students have been forced to endure routine calls for their execution. It shouldn’t have taken the slaughter, rape, and brutalization of Israeli Jews to expose chants like “Globalize the intifada” and “Death to the Zionist state” as calls for violence, but the university refused to intervene on behalf of its besieged students. When an Israeli student was beaten with a stick outside Columbia’s library, it occasioned little soul-searching from faculty. Indeed, it served only as the impetus to establish an “Anti-Semitism Task Force,” which subsequently expressed “serious concerns” about the university’s commitment to enforcing its codes of conduct against anti-Semitic violators.

But little was done. Indeed, as late as last month the school served as host to speakers who praised the 10/7 attacks and even “hijacking airplanes” as “important tactics that the Palestinian resistance have engaged in.”

The school’s lackadaisical approach created a permission structure to menace and harass Jewish students, and that’s what happened. . . . Now is the time finally to do something about this kind of harassment and associated acts of trespass and disorder. Yale did the right thing when police cleared out an encampment [on Monday]. But Columbia remains a daily reminder of what happens when freaks and haters are allowed to impose their will on campus.

Read more at National Review

More about: Anti-Semitism, Columbia University, Israel on campus