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Intel interrupts work on $25B Israel fab, citing need for 'responsible capital management'

Construction work on Intel's $25 billion semiconductor manufacturing plant in Kiryat Gat, Israel, has reportedly been postponed. According to Israeli media, [in Hebrew] Intel has asked an infrastructure construction firm to pause work on the project. In a statement to The Register on Monday, the x86 giant reaffirmed its commitment to Israel, where the biz employs nearly 12,000 workers, explaining that projects of this scope have many dependencies that delay work. Which is a fancy way of saying, ...

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