Intel to spend $5 billion on Israeli expansion

Intel Corporation will receive a $185 million grant from the Israeli government in exchange for a massive expansion of its production operations. Overall, Intel will spend an estimated $5 billion on the project, including an upgrade for its Kiryat Gat plant in southern Israel.

https://worldisraelnews.com/tech-giant-intel-prepares-massive-expansion-in-israel/

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *