Wait till you hear how thats going now! The 25 billion dollar expansion of the Israeli plant was cancelled. Layoffs have cut intels israel operation by 25% last year, and they are looking at unloading the entire Israel plant and moving all r+d back to the US. Some shareholders tried to get the CEO to reconsider, but he shot that down hard. Intel israel is getting sold or closed. If it somehow does continue to exist, itll make chips using a very out of date process. Intel Israel is toast.
Wait till you hear how thats going now! The 25 billion dollar expansion of the Israeli plant was cancelled. Layoffs have cut intels israel operation by 25% last year, and they are looking at unloading the entire Israel plant and moving all r+d back to the US. Some shareholders tried to get the CEO to reconsider, but he shot that down hard. Intel israel is getting sold or closed. If it somehow does continue to exist, itll make chips using a very out of date process. Intel Israel is toast.
https://thejudean.com/index.php/news/40-finance/3748-intels-historic-layoffs-loom-hundreds-of-israeli-jobs-on-the-line
https://en.globes.co.il/en/article-intel-ceo-rejects-calls-to-reconsider-israel-activity-1001510445