Intel Presses "Pause" on $25 Billion Chip Plant in Israel

GALWAY, IRELAND--June 14, 2024--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Chip giant Intel Corporation (NASDAQ:INTC) (Santa Clara, California) has paused development of a new $25 billion semiconductor plant in Israel according to reports from Israeli financial news outlet, Calcalist.

Within this article: Details pause an major Israeli chip plant project by Intel, possible reasons, current operations