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Intel to get $3.2 billion government grant for new $25 billion Israel chip plant

2023.12.26 04:02


© Reuters. FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/

JERUSALEM (Reuters) – Israel’s government agreed to give Intel Corp (NASDAQ:) a $3.2 billion grant for new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday.

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