Intel suspends expansion of factory plan in Israel
New York (AFP) June 10, 2024
Intel is halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant.
The chip giant in December said it was going to expand an ongoing $10 billion plan at the Kiryat Gat site, in the south of the country, currently under construction.
Solicited by AFP, Intel on Monday gave no reason for the pause for the next phase and ma