Daniel Benatar News Today

Intel has been forced into the spotlight after it announced a new billion-dollar investment in Israel. The US chip maker confirmed that it will be expanding the Intel Kiryat Gat fab 28 for 2nm node

CNN  —  The Israeli government and Intel confirmed plans to build a $25 billion chipmaking factory in the south of the country, an investment Prime Minister Benjamin Netanyahu has described as the biggest in Israel’s history.

The Israeli government has green lit a remarkable $3.2 billion grant for Intel's upcoming $25 billion chip plant in southern Israel.

International Business News: Israel's government grants Intel $3.2 billion for a $25 billion chip plant in southern Israel, the largest investment in the country. The plant is an

Intel's historic $3.2B grant amid Israel-Hamas tension for a $25B chip facility reinforces global supply chain resilience, signaling strategic investments amid geopolitical challenges.

The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.

JERUSALEM — Israel's government agreed to give Intel a US$3.2 billion (S$4.2 billion) grant for a new US$25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday (Dec 26), in what is the largest investment ever by a company in Israel. The news comes as Israel remains locked in a war with Palestinian militant...

Intel’s expansion aims to generate high-quality jobs in remote areas, boost productivity, and contribute substantially to the growth of the Israeli economy. Read more.

The investment is the largest ever by a company in Israel

Shares of Intel, which has a bit less than 10% of its global workforce in Israel, opened up 2.73% at $49.28 on Nasdaq.