Intel Corp has decided to halt the construction of a $25 billion factory expansion in Israel, according to reports from Israeli financial news website Calcalist and Reuters. The chipmaker has not confirmed the report but emphasized that Israel remains a key manufacturing and R&D site. Intel stated that the scope and pace of its manufacturing expansion worldwide depend on various factors, including changing timelines and business conditions. The decision comes despite Israel offering Intel $3.2 billion in incentives for the project. Key personnel are moving to a new Ohio facility, and the company cited the need for 'responsible capital management' as a reason for the halt.
Intel Corp has halted plans for a $25-billion factory in Israel, according to Israeli financial news website Calcalist. https://t.co/BMGTGKpK3k
Intel is halting the expansion of a major factory project in Israel, which was slated to pump an extra $15 billion toward a chip plant https://t.co/iNDvAhhc6w
JUST IN: 🇮🇱 Intel stops plan for a $25 billion factory in Israel - Reuters https://t.co/W0f7wKqRRZ
$INTC | Chipmaker Intel Pauses Construction Of $25B Chip Plant In Israel: Report • Intel delays $25 billion Israeli plant. • Israel offered Intel $3.2 billion in incentives. https://t.co/QanYZ0bMjI
Intel suspends planned $15 billion expansion of southern Israel chip plant https://t.co/gkJn3eSrKt
Intel has halted plans for a US$25 billion chip fab in Israel, Reuters reports, citing Israel financial media. Intel noted large-scale projects often involve changing timelines, but did not confirm nor deny the report. Israel in December agreed to give Intel a $3.2 billion grant…
#Intel technology corporation halts construction of its factory in Israel: Report Intel's factory in Israel expected to be completed by 2026, Israeli financial daily Calcalist says $INTC https://t.co/fWQaowdTWf
Intel has paused construction of its $25B factory in Israel with key personnel moving to a new Ohio facility, according to local media reports
#Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny. $INTC https://t.co/Sk7ccDzpNS
Reuters reports Intel is 'halting plans for a $25 billion factory' in Israel $INTC
JUST IN: Reuters reports Intel is 'halting plans for a $25 billion factory' in Israel
Intel interrupts work on $25B Israel fab, citing need for 'responsible capital management' https://t.co/q9MQWbtpAK
🔵 CHIPMAKER INTEL TO HALT $25-BILLION ISRAEL PLANT, NEWS WEBSITE SAYS Full Story → https://t.co/hWJRa7LwUK Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm…
⚠️ INTEL SAYS SCOPE AND PACE OF MANUFACTURING EXPANSION AROUND THE WORLD DEPENDS ON VARIOUS FACTORS **INTEL SAYS MANAGING LARGE-SCALE PROJECTS, ESPECIALLY IN OUR INDUSTRY, OFTEN INVOLVES ADAPTING TO CHANGING TIMELINES **INTEL SAYS OUR DECISIONS ARE BASED ON BUSINESS CONDITIONS,…
⚠️ INTEL, IN RESPONSE TO REPORT IT WAS HALTING ISRAEL EXPANSION, SAYS ISRAEL CONTINUES TO BE A KEY MANUFACTURING AND R&D SITE
INTEL, IN RESPONSE TO REPORT IT WAS HALTING ISRAEL EXPANSION, SAYS ISRAEL CONTINUES TO BE A KEY MANUFACTURING AND R&D SITE
🔵 INTEL HALTING $25 BILLION FACTORY EXPANSION IN ISRAEL, ISRAELI MEDIA REPORT Full Story → https://t.co/0iTskuOHxn Intel Corp has decided to halt a $25 billion expansion of its factories in Israel, Israeli financial news website Calcalist reported on Monday. https://t.co/MizLcgNNBT
INTEL PAUSES CONSTRUCTION OF NEW FACTORY IN ISRAEL - CALCALIST REPORTS
$INTC INTEL HALTING CONSTRUCTION OF NEW FACTORY IN ISRAEL: CALCALIST