Intel, the global chip-making giant, is planning a $5 billion expansion of its Kiryat Gat cutting-edge manufacturing facility in Southern Israel. It follows the company’s $6 billion investment in 2016 to upgrade the facility to produce advanced 10 nanometer chips.

https://www.timesofisrael.com/intel-earmarks-massive-5-billion-for-new-investment-in-southern-israel-plant/