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Intel to invest $25 billion in Israel factory in record deal, Netanyahu says (www.reuters.com)

submitted 1 year ago by rcoelho14@kbin.social to c/tech@kbin.social

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U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country.

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[–] Gsus4@lemmy.one 0 points 1 year ago* (last edited 1 year ago) (2 children)

Stupid question: why is there such a drive to build critical industrial capacity close to potential warzones (to encourage peace efforts that prevent supply disruption, I guess)? e.g. Taiwan, Israel. Is there any basis for a pattern, or am I just seeing what I want to see?

[–] Maeve@kbin.social 1 points 1 year ago

http://www.miftah.org/Display.cfm?DocId=17510&CategoryId=5

Probably reasons related.

[–] fruitywelsh@lemmy.ml 1 points 1 year ago

Both Taiwan and Israel have excellent seismic stability, which affects the highly sensitive equipment. At least that was the answer I remember from an LTT video (I think) that I watched.