Intel
Intel Invests $25 Bn In Israeli Manufacturing Facility
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Intel Invests $25 Bn In Israeli Manufacturing Facility

Intel Israel and Israeli government authorities announced plans to build a new manufacturing facility in Kiryat Gat on Tuesday morning with a USD 25 billion investment. “The global company Intel’s choice to approve the unprecedented investment of USD 25 billion right here, in Israel, is important and significant,” Finance Minister Betzalel Smotrich said in a […]

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Intel Invests $25 Bn In Israeli Manufacturing Facility
Brands Companies News

Intel To Undertake More Layoffs As It Looks To Cut Costs

Chipmaker Intel is looking to make more job cuts as it navigates the macroeconmic environment on the back of a record Q1 loss of USD 2.8 billion on USD 11.7 billion in revenue, a 36 per cent year-on-year (YoY) decrease. The jobs cuts aren’t exactly a surprise as Intel had already announced plans to cut […]

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