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Intel Considers Building a New $11 Billion Fab in Israel

posted by martyb on Wednesday January 30 2019, @02:13AM   Printer-friendly
from the fab-ulous dept.

takyon writes:

Intel Considers $11 Billion Fab in Israel

Late last year Intel announced massive plans to increase its global chip production capacities by upgrading, expanding, and equipping four of its fabs. As it turns out, the company is not going to stop there and is considering to build a brand new fab in Israel, which will cost $11 billion.

Moshe Kahlon, Israeli Finance Minister, on Tuesday confirmed that Intel had applied for a grant of about $1 billion from the government for its new investment plan to build a fab that would cost $11 billion. If everything goes as planned, the investment will not only be the biggest of its kind in Israel, but Intel will also build the largest semiconductor fab in the region. Furthermore, the expansion will add 1,000 new employees to Intel's staff of approximately 13,000 in Israel.

[...] Intel and Ministry of Finance reportedly started talks about the new fab several weeks ago, so the production facility is a few years away.

Previously: Intel to Spend $5 Billion on Fab in Israel, Likely to Produce 10nm Chips

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  • (Score: 0) by Anonymous Coward on Wednesday January 30 2019, @03:13AM (2 children)

    by Anonymous Coward on Wednesday January 30 2019, @03:13AM (#793881)

    Didn't you read the article? This is the future-planned 9.5nm++ fab.

  • (Score: 0) by Anonymous Coward on Wednesday January 30 2019, @03:30AM (1 child)

    by Anonymous Coward on Wednesday January 30 2019, @03:30AM (#793886)

    This is the future-planned 9.5nm++ fab.

    Pfft. Bunch of cavemen banging rocks together. Damn people should be doing subatomic fab by now, outsourced to an exoplanet... where they speak French and Italian!