DISGRACEFUL: Intel Stops Construction of $25 Billion Chip Factory in Israel
Cowering to savages. It’s a disgrace. By Gd, what happened to American leadership and courage?
Intel stops construction of $25 billion chip factory in Israel
The deal, announced in December of 2023, was slated to be the largest investment the international chipmaker has made in Israel so far.
By Vered Weiss, World Israel News, January 11, 2024;
Intel’s $25 billion chip factory in Israel has been halted, although the chipmaker said in a statement that it was ‘still committed to the region.’
In the last few days, Intel’s suppliers received notice to halt the delivery of materials and cancel contracts required to establish the chip factory.
According to Calcalist, Israel’s Ministry of Finance was already aware of the decision to stop the construction, with the financial news outlet speculating whether it was a delay or a cancellation of the deal.
“Is Intel’s new $25 billion factory in Israel in danger of being canceled?” Calcalist posed.
The $25 billion deal for the construction of the chip plant, announced in December 2023, was slated to be the largest investment the international chipmaker has made in Israel so far.
The factory, which was supposed to have been built in Kiryat Gat, would have meant $3.2 billion in incentives for Intel, with the chipmaker committing to purchasing $60 billion from Israeli suppliers.
Source: https://gellerreport.com/2024/06/disgraceful-intel-stops-construction-of-25-billion-chip-factory-in-israel.html/
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Ethically, the Intel decision to build a plant in Israel falls short of being an overused cat box. Israel and Bibi Netanyahu took credit for using their Fukushima facility security company to access then nuke the reactors, blowing a few thousand tons of spent nuclear fuel into the air. Intel could not possibly be so stupid as to fuel this band of methed and coked up chimpanzees with a new Intel factory. There is no Captain Kirk and methed up psychopath scheduled in our futures, so back off and shut it down.