In the latest interview, Cody mentioned about signing an IDM in 2024.
The company expects the new production facility to open in 2028 and operate through 2035. The government will provide a grant of $3.2 billion for the expansion of the Kiryat Gat plant, spread over several years. Including Kiryat Gat, Intel has four development and production sites in Israel, employing about 11,700 people and investing more than $50 billion in the country over the last five decades.
Intel is strategically investing to expand its manufacturing capacity to accelerate its IDM 2.0 (Integrated Device Manufacturing) strategy
In the latest interview, Cody mentioned about signing an IDM in...
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