According to Reuters, Intel decided to invest 5 billion U.S. dollars (about 317 million U.S. dollars) in the Kiryat Gat plant in southern Israel for the improvement of the latter's semiconductor manufacturing process.
Currently, Kiryat Gat is based solely on 22nm technology, tools, equipment, etc. are behind the current top.
Israel's Economy Minister Eli Cohen disclosed that Intel will start capital injection this year, put it into operation in 2020 and let KG plant effectively increase production capacity.
Accordingly, Intel's investment will also be supported by the local government, is expected to be 10% of the project funds tax incentives.
TPU said Intel will transform KG into an effective support for its 10nm plant, while Intel's 10nm chips will ship by the end of 2017 and enter mass production in the second half of 2018 and are expected to remain in the mainstream for at least three years .
