Israel grants Intel $3.2 billion for new $25 billion chip plant
Shares of Intel, which has a bit less than 10% of its global workforce in Israel, opened up 2.73% at $49.28 on Nasdaq.
US chipmaker Intel Corp's logo is seen at the entrance to their "smart building" in Petah Tikva, near Tel Aviv, Israel December 15, 2019.(photo credit: REUTERS/AMIR COHEN/FILE PHOTO)ByREUTERS