Adani Group pauses talks with Israel’s tower semiconductor on $10 billion chip project: Report
Adani Group has put a pause on its $10 billion chip venture discussions with Tower Semiconductor due to concerns over strategic and commercial viability, including uncertain domestic demand and Tower’s investment commitment. This setback poses a challenge to India’s ambition to become a global chipmaking hub, especially after the collapse of the Vedanta-Foxconn deal.
