Intel Discloses Plans to Spend $5 Billion on Fab 28 Expansion in Israel
Intel and two Israeli ministries this week announced that the chip giant plans to invest $5 billion in its Kiryat Gat fab complex – Fab 28 – through 2020. Under the plan, Intel is expected to buy various products from local suppliers and hire additional personnel. In return, Israel will provide the processor maker a tax rebate and a government grant. Furthermore, Intel will receive another grant if it upgrades its manufacturing in Israel further.
Under the terms of the investment plan, Intel will invest $5 billion (NIS 18 billion) in its Kiryat Gat ventures until 2020. The chip giant is expected to buy $838 million (NIS 3 billion) worth of local goods and add 250 people to its workforce, reports The Times of Israel citing the Finance Ministry. If the plan is approved by the Israeli authorities, Intel will get a 5% tax rebate till 2027, as well as a $195.5 million (NIS 700 million) government grant. Additionally, if Intel decides to "significantly upgrade" its fab "technologically", the company will get another $195.5 million grant.
Intel's first "10nm" CPU will be the i3-8121U, a dual-core part which will be featured in the Lenovo Ideapad 330. Due to low yields on the "10nm" process, a few Cannon Lake CPUs will be released in 2018 alongside "14nm" Whiskey Lake. Both microarchitectures are considered to be "8th-generation" (hence the '8' in "i3-8121U").
Also at CTech.
(Score: 4, Interesting) by Anonymous Coward on Sunday May 20 2018, @03:55PM (2 children)
What was missing in other countries that only rothschild-owned israel (khazaria) offers?
Could they make facilities somewhere in the U.S? What was wrong in creating factories in other places? Why make facilities in israel (khazaria) which is the source of world's problems? Where plots to murder millions of people are hatched daily. Which will someday be gone and the khazars killed after people start paying attention to who is behind all their problems.
Or maybe it is to give the khazars a controlling hand in how the spyware in Intel processors is implemented.
(Score: 5, Interesting) by Anonymous Coward on Sunday May 20 2018, @04:16PM
But the question is valid, as is the following point:
Israel is now going to have design and production level manufacturing for the CPU, Intel ME, and signing privileges. If you thought StuxNet was bad...
(Score: 2, Funny) by Anonymous Coward on Sunday May 20 2018, @07:08PM
Oh shit, the goyim know! Where is (((VLM))) when you need him?? #WhiteGenocide