ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Starmer’s China Visit Signals New Era in UK–China Economic Relations 
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
U.S. Stock Futures Edge Lower as Tech Earnings and Fed Decision Shape Market Sentiment 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation 
Tesla Q4 Earnings Beat Expectations as Company Accelerates Shift Toward AI and Robotics 
UK Vehicle Production Falls Sharply in 2025 Amid Cyberattack, Tariffs, and Industry Restructuring 
Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors 
ASML’s EUV Lithography Machines Power Europe’s Most Valuable Tech Company 
Intel Corporation, a leading global chipmaker, is charting a new course for semiconductor manufacturing by investing $25 billion in a production plant in Israel. Prime Minister Benjamin Netanyahu announced the landmark deal, the largest Israel has ever received from an international private company. The factory, expected to be operational by 2027, signals Intel's commitment to strengthening the global chip supply and supporting the Israeli tech sector.
According to Reuters, Netanyahu praised the investment and said this is the largest deal that the country has ever received from an international private company. Intel’s new chip production plant is located in Kiryat Gat, and the target date for its completion is some time in 2027. It is expected to be in full operation until 2035.
Israel is also looking forward to the new jobs that the Intel factory will open to the locals. The country’s Finance Ministry said that thousands of citizens may find employment at the site.
Under the agreement between Intel and the officials of Israel, the tech firm will pay a 7.5% tax rate which is up by 2.5% from the current five percent. It was also noted that Intel’s operations in the territory have grown throughout the decades and even become Israel’s largest privately held employer and exporter today.
“Israel is a global center of technical talent and innovation and one of Intel’s significant global manufacturing and R&D centers,” The Times of Israel quoted Intel as saying in a statement. “Our intention to expand manufacturing capacity in Israel is driven by our commitment to meeting future manufacturing needs and supporting Intel’s IDM 2.0 strategy, and we appreciate the continued support of the Israeli government.”
On the other hand, Prime Minister Benjamin Netanyahu also said, “This is the largest investment ever in the State of Israel. This is an expression of great confidence in the Israeli economy and exactly reflects the strength of the free economy that we have built here and the technological economy that we are developing here.”
Photo by: Christian Wiediger/Unsplash
