Intel Slates $5 Billion for Investment in Israel by 2020

In exchange for the semiconductor giant's investment in its Israeli fabrication plant, the gov't will offer a subsidy that is expected to reach $400 million

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Intel, the U.S. semiconductor giant, plans to invest $5 billion in Israel through 2020 to expand its fabrication plant in the southern town of Kiryat Gat, Intel Israel executives told Economy and Industry...