Source: Tech – South China Morning PostIntel Corp is close to a deal to acquire Tower Semiconductor Ltd for about US$5 billion as part of its push into the outsourced chip-manufacturing business, according to a person familiar with negotiations.The US chip maker plans to announce the purchase of the Israeli company as early as Tuesday morning, according to the person, who asked not to be identified because the matter is private. The Wall Street Journal previously reported on the deal.Intel declined to comment on the transaction,…Read More