Benjamin Netanyahu Intel To Invest 25 Billion On New Is Jerusalem, june 18 (reuters) u.s. chipmaker intel corp (intc.o) will spend $25 billion on a new factory in israel, prime minister benjamin netanyahu said on sunday, calling it the largest ever. The israeli government said tuesday that intel has confirmed plans to build a $25 billion chipmaking factory in the south of the country, an investment prime minister benjamin netanyahu has.
Intel Israel Plant Intel To Build 25 Billion Factory In Largest Last week, intel disclosed that intel israel in 2022 posted record exports of $8.7 billion, constituting 1.75% of israel’s entire gdp and 5.5% of all israeli high tech exports, according to the. Intel has agreed “in principle” to invest approximately $25bn in a new chipmaking factory in israel, prime minister benjamin netanyahu said on sunday. the us semiconductor group said it had. In june, prime minister benjamin netanyahu said intel would build a new $25 billion chip plant in israel but intel until now had declined to confirm the investment. the fab 38 plant is due to open. Intel corp will build a new factory in israel worth $25 billion, prime minister benjamin netanyahu said on sunday, calling it the largest ever international investment in the country. the factory in kiryat gat is due to open in 2027 and will employ thousands of people, israel’s finance ministry said, adding that under the deal intel will pay.
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