Israels government grants Intel $3.2bn for a new $25bn chip plant it plans to build in Southern Israel.
Intel has also promised to purchase $16.6bn worth of goods and services from Israeli suppliers over the next decade.
Netanyahu has described the project as "the largest investment ever in the state of Israel."
Israel's Finance Minister, Bezalel Smotrich welcomed Intel's new project in Israel and said:
“This investment, at a time when Israel wages war against utter wickedness, a war in which good must defeat evil, is an investment in the right and righteous values that spell progress for humanity."
Some additional facts about Smotrich include:
- In 2016 Smotrich made a statement in which he said Jewish mothers should not share maternity wards with Arab mothers.
- In February 2023 he was in favour of "wiping out" a Palestinian village and called for the Palestinian town of Huwara to be "erased".
- In March 2023 he said "There is no such thing as Palestinians."
- In March 2023, Smotrich visited France and spoke at a podium featuring a map of "Greater Israel".
"Greater Israel" includes:
The entirety of Palestine
The entirety of Jordan
Parts of Iraq
Parts of Lebanon
Parts of Syria
Parts of Egypt
Parts of Turkey
Parts of Saudi Arabia
It's nice to know that Intel is eager to work with disgusting individuals such as Bezalel Smotrich and Benjamin Netanyahu.
It's also nice to know that Intel plans on making "the largest investment ever in the state of Israel" at a time when Israel is committing a genocide.
The plant is set to open in 2028.
Mike