Intel To Invest $25 Billion In Israel Factory In Record Deal, Netanyahu Says
source link: https://news.slashdot.org/story/23/06/19/217225/intel-to-invest-25-billion-in-israel-factory-in-record-deal-netanyahu-says
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Intel To Invest $25 Billion In Israel Factory In Record Deal, Netanyahu Saysbinspamdupenotthebestofftopicslownewsdaystalestupid freshfunnyinsightfulinterestingmaybe offtopicflamebaittrollredundantoverrated insightfulinterestinginformativefunnyunderrated descriptive typodupeerror
Sign up for the Slashdot newsletter! or check out the new Slashdot job board to browse remote jobs or jobs in your area
During its almost five decades of operations in Israel, Intel has grown to become the country's largest privately held employer and exporter and a leader of the local electronics and information industry, according to the company's website. In 2017, Intel bought Israel-based Mobileye, which develops and deploys advanced driver-assistance systems, for $15 billion. Intel took Mobileye public last year.
-
›
Intel destroyed MobilEye.
-
-
It is interesting to see both in the news on the same day. Not sure what to make of that.
Intel is just booming right as its business is weak and its share price anemic - still less than half its peak in the year 2000.
I guess its all about the rollback of globalization. Domestic production does seem to have obvious advantages in avoiding disruption during conflict, but I agree it may not really confer all that much protection from backdooring since you're still using an inscrutably complex design from so
-
I think it's a good sign they're finally going investing again. If they had done this five years ago instead of stock buybacks and other spending that wasn't going to help them in any meaningful ways, they'd likely be in a much stronger position now. They just assumed they'd make money irrespective of what they did, but time proved them wrong. I liked watching the scrappy AMD underdog give Intel a swift kick in the ass, but having both companies in full form is only good for we consumers, so I'll gladly pra
-
-
-
-
-
wheres carrie lam at these days?
-
-
The difference is that the US funds Israel's military to the tune of $3.8 billion per year, plus there are direct loans, loan guarantees, invading neighbouring countries and buying off regional rivals. The US wouldn't spend a tenth of that on Taiwan. Or Ukraine.
-
Yes, well, there's no passage in the Bibble that says those other countries are going to win when their invisible friend starts the war to end the planet, now is there? Peace, love, harmony, misogyny, racism, bigotry, authoritarian rule, constant unending war for profit. All of which are American dreams...
I just can't understand why giving a bunch of extremists access to world ending weapons would do anything other than create sheer terror in everyone. Not that religious people do crazy things, right? I gue
-
-
-
-
-
Really? Stop using computers? I heard that the only Intel processor developed in Israel was one of the early pentiums, the one that violated all the DEC Alpha patents. Intel was sued, and they lost. It tracks - if you want to steal something, go to Israel.
-
-
-
by Sun ( 104778 ) on Tuesday June 20, 2023 @02:28AM (#63617316) Homepage
It's a total spin. The operative word here is "Netanyahu says".
Netanyahu's government is in the midst of trying to turn on full fascist mode. Subjugate the judicial branch to the government (it already has control over the legislative branch), take control over the media, and in general, follow Hungary's model for "democracy in name only" (not that we've been in excellent shape before this, mind you).
Unsurprisingly, the economy isn't playing ball. Fascist governments go hand in hand with corruption (already the case in Israel), and those tend to favor low knowledge industries. Since Israel's #1 export industry is high-tech, which is high knowledge, the whole economy is unstable. The Sheqel is dropping, new investments in the High-tech industry are at an embarrassing low.
The Israelis are not taking it lying down. For almost half a year now, every week, and often in the middle of the week as well, hundred of thousands of people take to the streets to protest. Netanyahu, of course, is blaming the economic slowdown on the protests, contradicting every independent expert out there.
So Netanyahu producing a spin: the government approves a subsidy to a new Intel chips plant. To be clear, Intel may have asked for one. This new plant would replace an existing plant at the same location. What's clear, however, is that Intel has not yet made a decision to actually open one. There was no announcement from Intel's side.
So the proper title for this article is: "A politician has made an announcement".
-
I've been reading about those protests. They're the only pro-democracy protests that object to Palestinians or even Israeli Arabs being allowed equal rights. You are probably right though, Bibi may well have promised Intel billions just to get a positive announcement.
-
As with almost every other reporting on Israel, this statement, while not without a grain of truth, is so misleading I can call it flat out wrong. The thing is this: the Israeli society, even just the Jewish part of it, is extremely heterogeneous. The protest does include a lot of those factions, and some of them do fit the bill you mention. Labeling the entire movement like that is, I think, just wrong. At the actual demonstrations there are plenty of signs explicitly stating equal rights=equal rights to a
-
You can, but only by lying.
And only the Jewish part of it is heterogeneous. There have been multiple opinion pieces in multipe English-language Isareli newspapers stating outrage that Israeli Arabs have dared to demand equal rights or that various anti-occupation groups, including Jewish ones, have attempted to protest the occupation. The leaders of the protest movement have stated that they want things to remain the same, which is entrenched bigotry and perpetual occupation. They have outright stated in
-
Since you obviously know all there is to know, and cannot gain any new insights, not even from an actual eye-witness who also happens to speak the language in question, then I don't think there is any point in continuing this discussion.
-
-
My own big problem with Israel is that quite clearly those advocating for equity are a minority in the country. They're certainly there and cheers to them for their effort but given who that country repeatedly elects both as their leader and in their legislative body it seems pretty clear to me most of the population has given up on any kind of peaceful ending of their situation with the Palestinians. Even during that brief period recently where Netanyahu wasnt running the country the government in power sh
-
I wish. No, much of the political leadership is well aware these attacks happen. Worse, the extremest groups have entered the IDF, which means that solders are actively participating in those attacks. Things are fairly bad right now, and anyone who claims otherwise is either misinformed or lying (or is happy with things as they are).
With that said, and for somewhat different reasons than in the US, the government in Israel is not representative of the people in Israel, and has not been for quite some time.
-
While I understand what you're referring to in regards to my own country I'll admit to being wholly ignorant of what you're getting at in regards to Israel here. What about Israel's election process has resulted in two decades of right wing, nationalist governance? We were able to vote our own nationalist out of power after only one term in office, why has Israel not only kept theirs but actually turned more nationalistic (at least as far as I've seen) over the last two decades?
Well for starters, I strongly
-
Israel's government is picked by coalition. This has positive aspects. For example, since the elections are state-wide, there is no room for gerrymandering. With that said, it does have its own problems.
There are a whole bunch of elements that introduce inaccuracies into the process. For example, there are 120 members of Knesset, so you'd expect that any party that got 1/120 of the votes will get a representative in. You'd be wrong. There is a minimal percentage below which the party lose all of its represe
-
-
-
-
-
-
-
Germany lured Intel to build a 30 billion Euro plant by giving Intel 10 billion Euro. Meanwhile Intel announces a new plant in Israel and gets no money but does get to pay a 50% higher tax rate in a much less politically and militarily stable country. There must be much more to this story.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK