As the U.S. chip giant builds more plants, it has to cut back elsewhere. Israelis will also be looking for clues on whether Intel is really halting construction of a new factory in Israel
Intel has stepped up to the plate to help fill the gap in chip supply caused by the China embargo and is building plants in the US, as well as in Israel.
Intel has stepped up to the plate to help fill the gap in chip supply caused by the China embargo and is building plants in the US, as well as in Israel.
The announcement is in line with an Israeli government statement six months ago. Intel will receive the highest ever government grant to a private-sector company.