INSUBCONTINENT EXCLUSIVE:
Intel has launched an unprecedented $25 billion project in Israel, focusing on a new chip manufacturing plant.This initiative is the largest
The Israeli government has granted Intel $3.2 billion in support, emphasizing their mutual commitment.The plant in Kiryat Gat is key to
(Photo Internet reproduction)For instance, Intel plans to spend over 30 billion euros on two chip-making plants in Germany and up to $100
billion in Ohio.These steps and similar ones by Samsung and TSMC are transforming global semiconductor production.Intel is expected to start
operations in the new Israeli plant by 2028, continuing at least until 2035.The company has also pledged to spend 60 billion shekels with
reflects a global shift towards technological self-reliance.Countries are increasingly focusing on domestic tech capabilities due to
regions like Silicon Valley and East Asia.The investment also underscores the critical role of semiconductors in the global economy.These
components are essential across various industries, making secure and strong manufacturing capabilities a priority for countries and
infrastructure.This mirrors historical trends in tech investments and reflects a well-planned decision.Other tech giants are also
diversifyingOther tech giants are also diversifying their manufacturing locations, indicating a shift towards a more decentralized chip
response to evolving global tech geopolitics, emphasizing the need to diversify production sites and invest in strong tech ecosystems.This
trend is expected to continue as semiconductor demand grows and international relations evolve.
