Construction work on Intel's $25 billion semiconductor manufacturing plant in Kiryat Gat, Israel, has reportedly been postponed.… According to Israeli media [in Hebrew], Intel has asked an ...
Calcalist reported in June that Intel had halted its plans for a $25 billion semiconductor fabrication plant in Israel, ...
Taiwanese contract manufacturer TSMC is considering taking a controlling stake in chipmaker Intel's factories at the request of Trump, per Bloomberg.
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The partial pause is likely to only affect Intel’s new plant and not its existing operations. The company, which employs about 14,000 workers, will also be reducing its headcount by about 15% in ...
Intel will also pay more tax under the deal, up from 5% to 7.5%, however, it will receive a government grant that represents 12.8% of the total investment. Commenting on the deal, Israel’s ...
and it encompasses Ohio’s Intel plant. When Intel’s Ohio project was first announced, company officials said the chip manufacturing facilities could be completed as early as 2025, which will ...
The news comes as Israel remains locked in a war with Palestinian ... to take further steps to minimise civilian harm in Gaza. Intel’s shares rose 1.9% to $48.90 in pre-market Nasdaq trading.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
President Donald Trump has has said the U.S. would eventually impose tariffs of 25%, 50%, or even 100% on chip imports.