US chipmaker Intel has inked an agreement with Israel’s government for a $3.2 billion grant to expand its chip manufacturing facilities in Kiryat Gat at a total investment of $25 billion. Intel will also spend NIS 60 billion with Israeli suppliers over 10 years and create thousands of jobs.

https://www.timesofisrael.com/intel-clinches-3-2b-government-grant-for-25b-chip-plant-expansion-in-southern-israel/

https://www.calcalistech.com/ctechnews/article/bytewmuw6