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Intel to halt $25 billion Israel chip facility

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Intel has reportedly halted construction on a $25 billion chip manufacturing factory in the Israeli city of Kiryat Gat.

The plant was being constructed as part of Intel’s investment to diversify and increase the resilience of its global supply chain, having previously relied heavily on semiconductor manufacturers in Taiwan for its supply of high-end chips.



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Intel to halt $25 billion Israel chip facility

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