Intel axes Tower Semi acquisition

Intel (INTC) axes Tower Semiconductor (TSEM) acquisition after not getting China nod. (00:22) Electric vehicle maker Vinfast (VFS) skyrockets in Nasdaq debut. (01:08) First Solar (FSLR) slides after audit finds forced labor in Malaysian factory. (02:03) Sign up for our daily newsletter here and for full access to transcripts, analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions. Show links: Biggest stock movers today: Tower Semiconductor, DLocal Limited and more Phillips 66 to lay off 275 office workers in latest cost-cutting move Silvergate Capital CEO to depart in next phase of crypto bank's wind-down Esmark CEO says he has cash for U.S. Steel deal