Intel now wants to expand its existing chipmaking factory at Kiryat Gat — about 16 miles northeast of Gaza — undeterred by the October 7 attacks and the ongoing war between Israel and Hamas ...

The semiconductor giant Intel confirmed on Wednesday that it would invest $25 billion to expand a chip factory in southern Israel after a $3.2 billion grant from the government there, moving ahead ...

Intel Israel, helmed by Yaniv Garty, was founded in 1974 in Haifa as Intel’s first development center outside the United States. In 1981, Intel established its first factory outside the United States, ...

The planned factory in Kiryat Gat is at the same site as an existing Intel factory just about 30 miles from Israel’s border with Gaza. Intel is among Israel’s largest private employers, with ...

Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the ...

Three days later, on Dec. 26, Israel's Ministry of Finance announced that a $25 billion chip manufacturing plant from Intel was approved to be built in Kiryat Gat, in addition to Intel's factory ...

Fab Expansion Delays: Intel’s global manufacturing strategy, including a $20 billion factory in Ohio and a $25 billion factory in Israel, has faced multiple delays due to financial constraints ...

Intel now wants to expand its existing chipmaking factory at Kiryat Gat — about 16 miles northeast of Gaza — undeterred by the October 7 attacks and the ongoing war between Israel and Hamas ...

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 ...

“Intel has chosen to approve an unprecedented investment of $25 billion and to establish its new factory right here in Israel,” Israel’s finance minister Bezalel Smotrich wrote in a post on ...

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 ...