Next Orbit Ventures

The communication was sent on January 24, but late last week there were reports that Tower had applied to the Indian government to set up a fab plant that will make chips of 40-65 nanometres

Tower Semiconductors' fresh proposal to open a semiconductor fabrication unit for 65 nm and 40 nm chips in India is facing legal challenge from former Partner Next Orbit Ventures

Sources say the sale is subject to the project getting clearance from the government

Next Orbit director refuses to divulge names though talks were reportedly on with HCL, Reliance Industries

Artemis 1 was supposed to orbit the moon, deploy some satellites, and settle into the orbit. It was meant to test SLS rocket and the Orion crew capsule

Sources say that while Intel has ratified the deal, it cannot commit itself on paper until all legal approvals for the acquisition are completed

'Tower is fully committed to support the venture from the detailed project report stage and tech transfer to project execution', said Jalan

Next Orbit Ventures Fund has stitched together a consortium to invest $3 billion to manufacture analog chips in Dholera in Gujarat

Around $1.5 billion for the fund will be raised from the region, while the remaining $500 million has been secured from a consortium of investors