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Intel

20 stories about Intel
בניין אינטל ב חיפה

Intel investment comes at a hefty price for Israel

19.06.23|Adrian Filut
The construction grant of over $3 billion is double the amount pledged by Netanyahu in 2014 for the previous expansion of the Intel plant
מפעל השבבים של אינטל ב חיפה

Intel’s new $15 billion investment puts Israel at forefront of global chips war

19.06.23|Omer Kabir
Intel's significant investment in Israel, which comes in addition to the $10 billion commitment by the company from 2019, highlights the importance of its local operations considering the substantial incentives it also receives in the U.S. and Europe
משרדי אינטל בפתח תקווה

Netanyahu: Intel to invest $25 billion in new chip plant in Israel

18.06.23|CTech
Contrary to the announcement by Netanyahu and the Ministry of Finance, Intel has not committed to a new $25 billion investment, but rather to another $15 billion on top of the $10 billion investment it announced in 2018. Intel Israel didn't comment directly on Netanyahu's announcement or confirm any of the details
בניין אינטל ב חיפה

Intel Israel registers record exports of $8.7 billion in 2022, accounting for 1.75% of Israel’s entire GDP

13.06.23|CTech
The semiconductor giant’s Israeli branch was responsible for 5.5% of all Israeli high-tech exports last year and recorded purchases of $3.5 billion from Israeli businesses
מובילאיי אינטל Mobileye

Intel seizes opportunity, sells Mobileye shares to boost finances amid AI race

06.06.23|Sophie Shulman
Strategic move will generate approximately $1.5 billion and aims to secure funding for advanced chip technology
Intel Ignite Tel Aviv hub

Intel Ignite names 10 deep tech startups for eighth cohort in Tel Aviv

18.05.23|CTech
Intel’s 12-week startup growth acceleration program will include startups from various tech industries, including: AI/ML, cybersecurity, hardware, and Web 3.0
צחי וייספלד מנ"כל Microsoft for Startups מיקרוסופט

Intel VP warns: "We must stop the madness. We are a moment away from high-tech disappearing from here"

01.03.23|Meir Orbach
Tzahi Weisfeld, Intel Vice President and GM of the company’s Ignite startup program, who emphasized that he is not speaking on behalf of Intel but only on his own behalf, candidly voices his opinions about the dangers of the impending judicial coup: "In the last few weeks, something in me broke, and I'm not alone. I know I'm jeopardizing my professional future, but the future of my children is more important”
בניין אינטל ב חיפה

Intel postpones investment meeting in Jerusalem amidst heightened tensions surrounding judicial coup

13.02.23|Golan Hazani
Calcalist has learned from sources involved in the discussions that Intel decided to postpone the meeting due to its concern that announcing an investment at this time would be seen as political support for the government of Benjamin Netanyahu and its planned judicial coup
Amir Faintuch

“Intel faces difficult strategic choices and needs to figure out what the company will look like in the future”

07.02.23|Meir Orbach
Amir Faintuch, the new CEO of Volumez, was once one of the most senior Israelis at Intel, reaching the role of Senior Vice President and General Manager of Platform Engineering
הדמיית משרדי חברת אינטל ש עתידים לקום ב חיפה

Intel halts construction of $200 million Haifa mega-campus

16.01.23|Raphael Kahan
As the chip crisis continues, the company has decided against spending $200 million on the new campus. A parking lot will be built in its place
אמנון שעשוע מ מייסדי מובילאיי ו

"Mobileye has a vertical grip on the autonomous vehicle market"

16.01.23|Omer Kabir
"When we were at Intel, all our achievements were under the radar, the focus at Intel was chip production, Mobileye's activity did not generate interest," added Mobileye CEO Amnon Shashua
משרדי אינטל 2

Intel Israel lays off dozens of employees as part of global cutbacks

15.12.22|Meir Orbach
Following the decision to implement cutbacks announced two months ago, Intel told each of its global centers that they are required to reduce their expenses
אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye goes public at $16.7 billion valuation

26.10.22|Sophie Shulman and Reuters
Intel's Israeli self-driving car unit, which raised $861 million, was targeting a $50 billion valuation earlier this year before the rout in tech compelled it to stomach a lower valuation
מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Mobileye is seeking autonomy from Intel at all costs

19.10.22|Sophie Shulman
Mobileye's IPO will be the largest ever by an Israeli company, yet it is still disappointing as the company will go public at the same value at which it was acquired by Intel 5 years ago, even though revenues have doubled
רכב אוטונומי מובילאיי Mobileye ירושלים

Mobileye settles for just $16 billion valuation in Wall Street IPO

18.10.22|CTech and Reuters
Intel's Israeli self-driving car unit was targeting a $50 billion valuation earlier this year before the rout in tech compelled many high-flying companies to stomach haircuts in valuation
אינטל

Intel reportedly plans to cut thousands of jobs as early as this month

12.10.22|Reuters and CTech
According to Bloomberg News, the giant chipmaker is planning to cut costs in the face of a slowdown in the personal computer market. Intel-owned Israeli artificial intelligence chip developer Habana Labs announced on Tuesday that it was laying off around 100 employees
שבב Greco של אינטל הבאנה לאבס

Intel's Habana Labs lays off 10% of workforce

11.10.22|Raphael Kahan
The decision comes as Intel is reportedly planning a major reduction in headcount, likely numbering in the thousands
אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye closing on IPO after filing for Nasdaq listing

01.10.22|Reuters and CTech
Intel’s Israeli self-driving unit reported first-half revenue of $854 million, a 21% jump from the year-ago period
שלומית וייס מנהלת ראשית של ארגון ההנדסה של אינטל העולמית

“Everyone is very motivated to return Intel to what it used to be”

29.09.22|Sophie Shulman
Shlomit Weiss was recently appointed as senior vice president and co-general manager of Intel’s Design Engineering Group. This comes at a time when the company is at one of its lowest points, registering its first quarterly loss in 30 years. However, Weiss, the most senior Israeli at the company, insists: "At Intel we learn from our mistakes, we can close the gap"
Fadi Aboud Jack Doweck Marcelo Yuffe Intel Israel

Intel promotes three Israelis to executive technological positions

25.09.22|CTech
Fadi Aboud, Jack Doweck, and Marcelo Yuffe were named Intel Fellows, equivalent to VPs, in the processor design and development group
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