Re: Intel halts plans for $25bn factory in Israel

Intel won’t be back anytime soon. They are trying to mitigate geopolitical losses to their capital assets. China just banned the use of Intel chips in govt systems.

“Beijing reportedly bars Intel, AMD, Microsoft Windows from government computers”

Intel, AMD sales to take hit from China curbing use of U.S. chips

So yeah, those voracious capitalists are not about to engage in any more risk-taking any time soon. Their removal from the Chinese market was a major financial blow (though they will hardly admit it!) And they still haven’t figured out a way to wriggle their way back in. So the clustermess that is Israel right now? They definitely don’t want a piece of that.

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