Intel to invest $25B in new chip facility in Israel

https://www.cnn.com/2023/12/26/tech/intel-israel-investment/index.html

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The reason we hear repeated requests for Israel to be careful about civilians in Gaza is not because many non-Hamas family folks are dying. The reason we hear that is SA and the rest of OPEC are supplying Israel and the West with oil. The OPEC members need cover from the US to not cut supplies.

Israel supplies the chips needed globally and in the Middle East. SA needs chips as much or more than oil.

The new plant that will be built is part of the significant strategic move led by the CEO, Pat Gelsinger: to turn Intel from a company that manufactures chips that it designed and developed only on its own, to a provider of chip production services for other companies such as Nvidia and Apple.

DB2

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The designers are critical to Intel. The designers work for other semi conductor corporations.

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