Israel grants Intel $3.2bn for new $25bn chip plant in "largest investment ever" (www.aljazeera.com)
from nekandro@lemmy.ml to world@lemmy.world on 26 Dec 2023 13:13
https://lemmy.ml/post/9767620

#world

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chooglers@lemmy.world on 26 Dec 2023 13:15 next collapse

gotta put that genocide money to work

apfelwoiSchoppen@lemmy.world on 26 Dec 2023 13:18 next collapse

This is how colonialism works.

800XL@lemmy.world on 26 Dec 2023 14:41 next collapse

Gee I wonder why? What interest would the Israeli gov’t have in backdooring chips made there?

MeanEYE@lemmy.world on 26 Dec 2023 16:11 collapse

It’s not nefarious as you’d thing. Simply put Israel is a desert which they are slowly turning into something more fertile but the point is they don’t have natural resources of any kind. They of course realize that and know how business works, so they invest huge amounts of money into education, science, research and above all businesses. There are literally cities that form around companies as big as Intel, Microsoft, Oracle and others. They are all there.

Linkerbaan@lemmy.world on 26 Dec 2023 16:14 collapse

Gaza has a huge gas field next to it which israel has already sold off before even owning it. The water the Zionist use is stolen from the west bank BTW.

Gaza Marine is a natural gas field off the coast of the Gaza Strip. The Gaza Marine natural gas field is located in water about 36 kilometres (22 mi) offshore at a depth of 2,000 feet (610 m).[1] The field was discovered in 2000 by BG Group and it is estimated to contain more than 1 trillion cubic feet of natural gas.

On 18 June 2023, the Israeli government gave preliminary approval for its development.

makingrain@lemm.ee on 26 Dec 2023 18:06 collapse

So does Israel… Leviathan is 22tcf in size.

As of 2017, even by conservative estimates, Leviathan holds enough gas to meet Israel’s domestic needs for 40 years, having 22 trillion cubic feet in recoverable natural gas. The field began commercial production of gas on 31 December 2019.

Seraph@kbin.social on 26 Dec 2023 15:19 next collapse

Can't help but think that by paying for their weapons the US taxpayer has subsidized this. Joy...

andrew@lemmy.stuart.fun on 26 Dec 2023 15:50 collapse

I’m sure we’ll get the dividends back as direct tax credits!

foggianism@lemmy.world on 26 Dec 2023 16:16 next collapse

Where do they get that amount of mon- … oh wait…

Linkerbaan@lemmy.world on 26 Dec 2023 16:30 next collapse

Man am I happy that AMD is superior in every way intel these days.

andrewrgross@slrpnk.net on 26 Dec 2023 17:19 next collapse

I feel like this is short sighted, from a business perspective.

I think that the movement to boycott-sanction-digest from Israeli companies is likely to expand substantially in the coming year. 3.2 B is a lot, but will it be worth it? Not sure.

sndmn@lemmy.ca on 26 Dec 2023 19:15 collapse

BDS!