Israel grants Intel $3.2bn for new $25bn chip plant in "largest investment ever"
Israel grants Intel $3.2bn for new $25bn chip plant in "largest investment ever"
Deal with US chipmaker is ‘largest investment ever’ in Israel, Prime Minister Benjamin Netanyahu says.
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Gee I wonder why? What interest would the Israeli gov't have in backdooring chips made there?
It's not nefarious as you'd thing. Simply put Israel is a desert which they are slowly turning into something more fertile but the point is they don't have natural resources of any kind. They of course realize that and know how business works, so they invest huge amounts of money into education, science, research and above all businesses. There are literally cities that form around companies as big as Intel, Microsoft, Oracle and others. They are all there.
Gaza has a huge gas field next to it which israel has already sold off before even owning it. The water the Zionist use is stolen from the west bank BTW.
Gaza Marine is a natural gas field off the coast of the Gaza Strip. The Gaza Marine natural gas field is located in water about 36 kilometres (22 mi) offshore at a depth of 2,000 feet (610 m).[1] The field was discovered in 2000 by BG Group and it is estimated to contain more than 1 trillion cubic feet of natural gas.
On 18 June 2023, the Israeli government gave preliminary approval for its development.
So does Israel.. Leviathan is 22tcf in size.
As of 2017, even by conservative estimates, Leviathan holds enough gas to meet Israel's domestic needs for 40 years, having 22 trillion cubic feet in recoverable natural gas. The field began commercial production of gas on 31 December 2019.