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Intel

20 stories about Intel

מימין ניר בצלאל מנכ"ל Moovit ניר ארז נשיא Moovit

Nir Erez stepping down as Moovit CEO after 13 years

07.03.24|Sophie Shulman

Erez, who headed the company since its founding and through its $1 billion acquisition by Intel, will transition to the role of President and advisor to new CEO Nir Bezalel

Intel-Israel negotiations revealed: What did the chip giant demand for $25 billion investment?

21.01.24|Shlomo Teitelbaum and Omer Kabir

Kfir Battat, Deputy Director of the Budget Department at Israel's Ministry of Finance, who led the talks with Intel, believes that even though the chip company did not make life easy for him and his colleagues, the final outcome is positive for both Israel and Intel

What's the real reason Mobileye's shares plummeted by 25%?

07.01.24|Sophie Shulman

Was the dramatic drop in the stock of the autonomous vehicle technology company a transient setback or a precursor to graver issues?

Intel has sights on Nvidia with new GenAI spinoff

04.01.24|Omer Kabir

The new company, Articul8, is being established in collaboration with the digital-focused asset manager DigitalBridge. Intel hopes that the move will help improve its position in the hottest market in tech, where it is lagging behind Nvidia - the first chip company to reach a trillion dollar valuation

With massive investment, Intel reaffirms confidence in Israel

27.12.23|Omer Kabir

The chip giant approved the conditions for a huge investment in a new factory in Kiryat Gat and will receive an increased grant of $3.2 billion, or 12.8% of the total cost. Intel also committed to buy 60 billion shekels ($16.6 billion) worth of goods and services from Israeli suppliers over the next decade and the corporate tax it will pay will increase from 5% to 7.5%

Intel confirms additional $15 billion investment in Israeli chip plant

26.12.23|Omer Kabir and Reuters

Israel's government agreed to give Intel a $3.2 billion grant for the new plant in Kiryat Gat, with the chipmaker also committed to buying over $16 billion worth of goods and services from Israeli suppliers over the next decade

Tower extremely optimistic regarding chip business, but needs to back up words with results

21.12.23|Uri Tal-Tenne

In a presentation published with the third quarter reports, Tower revealed a long-term model of sales and profitability potential in which the company's revenues will jump to $2.66 billion, an increase of 87% compared to this year's expected revenues, and the operating profit will jump by 166% to $560 million

Lisa Cohen joins Intel Capital as Partner

20.11.23|Meir Orbach

Cohen’s previous roles included spearheading investments in Israel for Innogy, acquired by E.ON, and serving as Investment Director at Jerusalem Venture Partners

Intel will provide employees in Israel with up to $3,000 for personal expenses related to the war

27.10.23|Meir Orbach

“We’re highly confident in the capabilities of our Intel Israel team to continue to perform despite the atrocities”, said Pat Gelsinger, Intel CEO

Intel pulls out of Web Summit after founder accused Israel of war crimes

19.10.23|Meir Orbach

Intel and Siemens have both announced they will not take part in the event due to Paddy Cosgrave’s remarks about Israel violating international law and committing war crimes in its war against Hamas

איסוף תרומות ו ציוד ל תושבי עוטף עזה ב תל אביב

Global tech giants stand with Israel: Companies and funds offer support and donations

10.10.23|Omer Kabir, Meir Orbach, Lital Samet

Foreign tech giants and venture capital funds have expressed solidarity with Israel following murderous Hamas attack

מימין: מנכ"ל אינטל פט גלסינגר ומנכ"ל טאואר ראסל אלוואנגר

Tower and Intel sign $300 million foundry deal three weeks after cancellation of $5.4 billion merger

05.09.23|Reuters and CTech

The Israeli chipmaker will acquire and own equipment and other fixed assets to be installed at Intel’s New Mexico factory after receiving $375 million in compensation following the cancellation of the acquisition

Give their right Arm: Intel, Apple, Google all want a piece of chip giant

05.09.23|Omer Kabir

SoftBank, the controlling owner of chip development giant Arm, has recruited prominent names for what is set to be the biggest IPO of the year on Wall Street

Tower Semiconductor: Shifting from Intel to India?

21.08.23|Sophie Shulman

With Intel deal off, Tower Semiconductor could find new ground in India's thriving chip market

מימין מנכ"ל אינטל העולמית פט גלסינגר ומנכ"ל טאואר ראסל אלוונגר

Tower Semiconductor caught in tug-of-war between U.S. and China over chip supremacy

16.08.23|Omer Kabir

Intel’s $5.4 billion acquisition of the Israeli company faltered as geopolitical tensions reshape the chip landscape

Intel abandoning $5.4 billion acquisition of Tower Semiconductor

16.08.23|Reuters and CTech

Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition of the Israeli company on time as required under the contract. Tower to receive $353 million break-up fee

Intel reverses pay cuts, will compensate employees with RSUs

02.08.23|CTech

Intel decided to compensate all employees who are entitled to it with restricted stock units in December

Intel investment comes at a hefty price for Israel

19.06.23|Adrian Filut

The construction grant of over $3 billion is double the amount pledged by Netanyahu in 2014 for the previous expansion of the Intel plant

Intel’s new $15 billion investment puts Israel at forefront of global chips war

19.06.23|Omer Kabir

Intel's significant investment in Israel, which comes in addition to the $10 billion commitment by the company from 2019, highlights the importance of its local operations considering the substantial incentives it also receives in the U.S. and Europe

Netanyahu: Intel to invest $25 billion in new chip plant in Israel

18.06.23|CTech

Contrary to the announcement by Netanyahu and the Ministry of Finance, Intel has not committed to a new $25 billion investment, but rather to another $15 billion on top of the $10 billion investment it announced in 2018. Intel Israel didn't comment directly on Netanyahu's announcement or confirm any of the details

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