Intel agrees in principle to build a $25B chip manufacturing plant in Israel, which is slated to begin operations by 2027 and remain active until at least 2035 (Marissa Newman/Bloomberg) 18-06-2023

Marissa Newman / Bloomberg:
Intel agrees in principle to build a $25B chip manufacturing plant in Israel, which is slated to begin operations by 2027 and remain active until at least 2035 — Intel Corp. has agreed in principle to build a new manufacturing plant in Israel in the latest move by the US semiconductor giant to diversify its production sources.