Intel to Spend $5 Billion on 10nm Fab in Israel
Nitin Dahad, EETimes
5/24/2018 00:01 AM EDT
There was no official announcement from Intel, but Israel’s ministry of finance said in a statement that approval is expected from Israel’s government bodies in weeks and that the new plant will employ an additional 250 people. Intel had apparently considered several possible expansion sites but, after two years of discussion with Israel’s finance ministry, decided to expand its site in the country.
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