# Intel begins building $10B chip plant in Kiryat Gat, Israel

Intel CEO Pat Gelsinger confirmed that Intel has begun building a new chip plant in Kiryat Gat, Israel, with an investment of $10 billion.

- Type: New facility
- Announced: 2021-03-05
- Where: Kiryat Gat, Israel, Israel
- Value: $10.0B
- Status: under construction
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Intel](https://endata.com/companies/21062.md)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-intel-ceo-confirms-massive-investment-in-israel-1001369701), 2021-03-05: "Intel has begun building a chip plant in Kiryat Gat, adjacent to its existing Fab 28 plant, which produces 10 nanometer chips, and is investing $10 billion in the project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
