The war between Israel and Kazakhstan has not stopped yetisraelThe government and Intel jointly announced on the 26th that Intel will build a US$25 billion wafer fab in southern Israel. It is the largest enterprise in Israel’s history.investCase. Israeli officials agreed to provide subsidies worth US$3.2 billion.

Israeli subsidies account for 12.8% of the total investment in the factory. Intel has also pledged to purchase 60 billion shekels (US$16.6 billion) worth of goods and services from Israeli suppliers over the next ten years. The new factory is expected to produce thousands of units. Employment opportunities.

Intel said in a statement that the expansion of the Kiryat Gat plant is “in line with Intel’s mission to build a more resilient world.”the supply chainAs an important link, the company also has ongoing and planned manufacturing investments in Europe and the United States. ,

Israeli Prime Minister Netanyahu said in June that Intel would build a new $25 billion wafer fab locally, but Intel had previously declined to confirm the investment. Now Intel has revealed that the expansion project has begun, and the new factory is scheduled to open in 2027 and operate until 2035.

Including the Keygate plant, Intel has four development and production sites in Israel, employing approximately 12,000 people.

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