Intel has agreed “in principle” to invest approximately $25bn in a new chipmaking factory in Israel, prime minister Benjamin Netanyahu said on Sunday.
The US semiconductor group said it had “submitted a business plan to upgrade its manufacturing facilities in Israel”, where it has operated since 1974, but declined to confirm “specific details of the project”.
Intel announced a first, $10bn phase of the expansion plan two years ago, making the extra $15bn commitment the latest in a string of giant projects designed to boost Intel’s manufacturing footprint after a period of under-investment and make it more competitive with Taiwan’s TSMC.
您已阅读21%（642字），剩余79%（2483字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。