Intel, the multinational technology company that specializes in semiconductor and chip manufacturing, has entered into an agreement with the government of Israel, to build a $25 billion USD chip production factory in the country. Intel has reportedly invested over $50 billion USD in Israel over the last 50 years, with this new deal set to increase the employment and growth opportunities in the region.
In October 2023, Incognito Blog reported the war that started in Israel by militant groups from Gaza, Palestine. However, this new intel investment will not be affected by the unrest in the country, as noted by CNN.
