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Does Intel support Israel?
Intel Corporation
Yes — Intel has documented support for Israel on record. Every claim below links to its source.
Filed under: Tech companies · Companies that support Israel
Background
Intel’s Israel expansion has not moved in a straight line. In 2024 the company paused construction on the Fab 38 expansion in Kiryat Gat, a decision Israeli business media attributed to Intel’s global cash constraints and market conditions rather than to the war, with contractor headcount on site falling from about 5,500 at the 2024 peak to roughly 2,000. Intel has said the mega-project’s pace “is adjusted to business developments and market conditions” and that it “remains fully committed to its operations and strategic presence in Israel.” In July 2026 the Finance Ministry’s budget-execution file showed it had cancelled the NIS 1.3 billion instalment of the grant earmarked for Intel in 2025 — about $425 million at the Bank of Israel rate of 3.062 shekels to the dollar on 24 July 2026 — after the company froze the expansion. A further NIS 1.06 billion stays in the 2026 budget, uncancelled, apparently in case the work resumes. Intel said the Israeli expansion plan “is currently under review to ensure it matches customer needs” and the ministry said it “acts in accordance with the agreement between the State of Israel and Intel.” Public money has run mostly the other way: Walla reports that Intel took a NIS 1.5 billion grant in 2024 and about NIS 3.6 billion of grants over the past decade, making it the largest beneficiary of Israel’s Encouragement of Capital Investments Law; an Adva Center analysis Walla cited puts that 2024 grant at almost 80% of the year’s investment- and employment-encouragement budget.
Globes Calcalist / CTech Walla Money (וואלה כסף) TheMarker
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 1974 | — | Intel Israel (Kiryat Gat fab and R&D centers) Intel has operated in Israel continuously since 1974 and runs three R&D centers and the Kiryat Gat manufacturing plant, having invested more than $50 billion in the country over five decades — making it one of Israel’s largest private-sector employers. Its Israeli headcount stood at close to 12,000 through 2023; Israeli business press put it at about 9,000 by July 2026 after successive rounds of layoffs. Its Israeli subsidiaries appear in Intel’s SEC filings. | |
| Investment / program | 2023-12 | $25,000,000,000 | Fab 38 expansion, Kiryat Gat, Israel Intel Corporation agreed a $25 billion expansion of its Kiryat Gat chip fabrication site (Fab 38), for which the Israeli government awarded a $3.2 billion state grant — the largest ever given to a company in Israel, equal to 12.8% of the investment and payable over five years. Of the $25 billion, $15 billion was new money announced in December 2023 on top of $10 billion Intel had announced in 2019; the government had presented the programme in June 2023 as a $25 billion “new plant”, a framing Intel did not confirm at the time. Intel also committed to buy NIS 60 billion of goods and services from Israeli suppliers over a decade. Israel’s finance minister called the deal “an expression of confidence in the State of Israel.” | |
| Acquisition | 2017-03-13 | $15,300,000,000 | Mobileye N.V. (Jerusalem, Israel) Intel Corporation acquired Jerusalem-based autonomous-driving company Mobileye for $63.54 per share in cash — an equity value of approximately $15.3 billion — the largest-ever acquisition of an Israeli tech company, announced jointly from Santa Clara and Jerusalem. | |
| Acquisition | 2019-12-16 | $1,700,000,000 | Habana Labs (Caesarea, Israel) Intel Corporation acquired Israeli AI-chip developer Habana Labs, based in Caesarea with offices in Tel Aviv — its second-largest Israeli acquisition after Mobileye. The deal was widely reported at announcement as being worth about $2 billion (Times of Israel and other press), but Intel's own FY2019 10-K states the total consideration it actually transferred was approximately $1.7 billion. Habana continued to operate independently from Israel. | |
| Employee donation match | 2021-09 | — | Matan – Helping the Community (aid for people affected at the Jerusalem Mental Health Center / Eitanim Hospital) Ahead of Rosh Hashanah in September 2021 Intel Israel ran a donation drive among its employees for the rehabilitation of, and aid to, those hit by the August 2021 wildfire in the Jerusalem hills, with the global Intel Foundation matching every dollar an employee gave. The money was passed through the Israeli non-profit Matan – Helping the Community and directed at people affected at the Jerusalem Mental Health Center (Eitanim Hospital), which was evacuated during the fire. The giving is the employees’ plus the Intel Foundation’s match — the foundation is a separate entity from Intel Corporation — and no total figure was published. Employees chose three non-profits to support under the programme. | One source |
| Employee support | 2023-11 | — | Intel’s roughly 12,000 employees in Israel After the 7 October 2023 attack Intel paid a one-off grant of $5,000 to each of its roughly 12,000 employees in Israel, announced by then chief executive Pat Gelsinger in a letter to staff and paid in shekels with salaries by the end of November 2023. Separately Intel undertook to cover up to $3,000 per employee of war-related personal expenses — reimbursed against expenses employees reported, not a fixed payment. Both sums went to Intel’s own workforce in Israel rather than to an Israeli charity or public body, and Intel published no total for either. | |
| Investment / program | 2018-05-15 | $5,000,000,000 | Intel’s Kiryat Gat production site, Israel Intel committed about $5 billion (about NIS 18 billion) to expanding production at its Kiryat Gat plant over 2018–2020. Intel Israel general manager Yaniv Garty set the plan out at Israel’s Economy Ministry in February 2018 and told the economy and finance ministers in May 2018 that Intel’s global management had approved it. Alongside the investment Intel undertook to buy more than NIS 3 billion from Israeli suppliers in those years and to add about 250 employees in the country’s periphery. The state’s side was an incentive to Intel, not money from it: ynet reported an Encouragement of Capital Investments Law grant of about 8% of the investment, roughly $400 million, while Walla reported officials recommending NIS 700 million plus a further NIS 700 million conditional on a future upgrade investment. | |
| Investment / program | 2014-09-22 | $6,000,000,000 | Kiryat Gat plant upgrade, Israel Israel’s finance and economy ministries approved Intel’s plan to upgrade its Kiryat Gat plant with an investment of about $6 billion (about NIS 22 billion), which the head of the Investment Center called the largest investment ever made in Israel by a foreign company. Intel undertook to employ 1,000 more workers and that half the plant’s staff would live in the Gedera area or further south; it already had about 900 Israeli suppliers. In return Israel granted Intel “special preferred enterprise” status: $300 million of grants spread over five budget years and corporate tax of 5% for ten years, to 2023. Those grants and that tax rate are Israeli state support for Intel, not Intel money given to Israel. | One source |
Frequently asked questions
Did Intel donate money to Israel or Israeli causes?
We have no records of cash donations, but Intel has documented support of other kinds (Operations in Israel, Investment / program, Acquisition, Employee donation match, Employee support). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 19 distinct sources are cited for Intel. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-09-26
- Times of Israel timesofisrael.com
- Intel — Intel in Israel (official) intel.com
- Walla Money (וואלה כסף) finance.walla.co.il
- CNBC cnbc.com
- ynet ynet.co.il
- Intel press release (SEC 8-K exhibit) sec.gov
- CNBC cnbc.com
- Times of Israel timesofisrael.com
- Intel Corporation FY2019 10-K (SEC filing) sec.gov
- Walla Money (וואלה כסף) finance.walla.co.il
- Times of Israel timesofisrael.com
- Calcalist / CTech calcalistech.com
- Calcalist / CTech calcalistech.com
- ynet ynet.co.il
- Walla Nadlan (וואלה נדל״ן) nadlan.walla.co.il
- TheMarker themarker.com
- Globes en.globes.co.il
- Calcalist / CTech calcalistech.com
- TheMarker themarker.com