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Intel announced a $10.9 billion investment to build a new chip-making factory in Kiryat Gat, Israel, expected to create thousands of jobs.
“Intel's global management has informed us about its decision to invest another 40 billion shekels in Israel, an unprecedented decision that is expected to bring thousands of jobs to the south (of Israel).”telecomlead.com
Summarized from public sources; check the original articles before acting on it.