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International Business Times UK
International Business Times UK
Danielle Summer

Intel Announce Controversial 25 Billion Dollar Investment Deal With Israel

Intel Corporation Israel United States Hamas
US computer chip maker Intel says that teams in Israel have been able to keep its operations running despite the war between that country and Hamas. (Credit: JUSTIN SULLIVAN/GETTY IMAGES NORTH AMERICA via AFP)

Intel has been forced into the spotlight after it announced a new billion-dollar investment in Israel, currently measuring at a staggering $25 billion.

The US chip maker confirmed that it will be expanding the Intel Kiryat Gat fab 28 for 2nm node technology in the south of Israel, marking the largest investment ever made between a company and Israel.

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