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To: DJBEINO who wrote (9013)	12/12/2000 8:12:54 AM
From: DJBEINO	Respond to of 9582

Tower raises $300 mln (Quick Logic+Macronix+Israel Corp) --6:56 am - By Madeleine Acey Israeli chip maker Tower Semiconductor (US:TSEM: news, msgs) said on Tuesday it had finished raising the $300 million it needed to build a second chip plant. It said Israel Corp. had agreed to provide $50 million in return for Tower shares to the same value. Memory chip maker Macronix of Taiwan and the U.S.'s Quick Logic (US:QUIK: news, msgs) also invested $75 million and $25 million respectively, Tower said. The company previously raised funds from other U.S. companies, Israeli banks and the Israeli government. www2.marketwatch.com