Intel

According to a report by CNN, anywhere from 100-200 US troops are on the ground in Saudi Arabia providing intelligence to the Saudis to assist in the fight against the Iran-backed Houthis

This investment reflects the company's commitment, amounting to $10 billion announced back in 2019, signifying a $15 billion surge in overall investment

The deal, signed in February 2022, faced a requirement for Chinese regulatory clearance, which Intel failed to secure within the stipulated timeframe

The company has been in Israel since 1974, where it employs around 10,000 people

U.S. President Joe Biden’s administration is reportedly working to declassify some of the intelligence and share it by the end of the day

'Large areas around the SSRC sustained heavy fire damage due to the secondary explosions,' Aurora Intel notes

'It is inspiring to see how technology can help support the great work that scientists... do every day'

Tower 'specializes in manufacturing analog integrated circuits for more than 300 customers worldwide'

A statement from Intel's US staff assured that the company would follow US law

Discussions about a potential investment include preliminary estimates of over $4.7 billion

'I see Intel Israel as a microcosm of Intel Global and we invest in it accordingly' - Intel CEO Pat Gelsinger

The announcement comes as competition between the world's titans of chipmakers intensifies

Moovit, founded in 2012 and based in Ness Ziona, has raised around $133 million to date

Israel-based tech company is a developer of artificial intelligence and machine learning accelerators