Intel plans to invest $11 billion in new Israeli chip plant: report (Reuters: Internet News)

Reuters: Internet News
Intel plans to invest $11 billion in new Israeli chip plant: report – U.S. chipmaker Intel plans to spend 40 billion shekels ($10.89 billion) to build a new manufacturing plant in Israel and has asked the Israeli government for a grant amounting to 10 percent of the amount, a local news website reported on Monday. …