Intel to Spend Tens of Billions on New Fabs in Germany and Israel
Anand Tech
JUNE 21, 2023
Intel is spending tens of billions of dollars on new fabs in Arizona and Oregon, but the company's ambitions certainly do not end in the U.S. Alongside developing a brand new fab complex in Germany, Intel has plans to extend its site in Kiryat Gat, Israel. Back then, the fab was estimated to cost $18.7 billion in state aid.
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