Intel Halts Multibillion Chip Plant Expansion In Israel, Still ‘Committed’ To Region

The US-based chip giant Intel Corp is halting a $25 billion chip manufacturing project in Israel, Calcalist reported on 10 June. The Israeli news agency writes that Intel’s decision to stop the building of the multibillion-dollar factory after “Intel’s suppliers received in recent days notice of the cancellation of contracts for the supply of equipment …

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