Intel Corporation

Israeli business daily reporting on the same cancellation from the State Budget Execution Report: NIS 1.3 billion ($425 million) for 2025 cancelled, NIS 1.06 billion ($346 million) for 2026 still in the budget. Records the earlier Israeli support for the Kiryat Gat site - NIS 1.5 billion in 2024, NIS 1.2 billion in 2014 and NIS 700 million in 2018 - and Intel's line that 'Our expansion plans in Israel are currently under review to ensure they align with customer demand.' Notes that officials maintain the wider investment plan has not been formally withdrawn.

The Israeli Ministry of Finance Budgets Division cancelled the NIS 1.3 billion grant earmarked for Intel in respect of 2025 work that did not take place, while retaining NIS 1.06 billion planned for the end of 2026 conditional on the investment resuming. Intel had received NIS 1.5 billion for its 2024 activity. In 2023 Israel committed NIS 11.1 billion of grants towards a NIS 89 billion Intel investment, 12.5% of the project. Construction has been frozen for two years, with Intel citing cash flow difficulties and recurring wars in the region. Intel's statement: 'Our expansion program in Israel is under review, in order to ensure that it will be in line with customer demand.'

The current position in Intel's own words. Under 'Risks from the Conflict with Iran' the filing records that 'On February 28, 2026, the U.S. and Israel initiated coordinated military strikes against Iran', that in late March 2026 Iran published a list of US companies with Middle East operations whose facilities it would target, 'with Intel being near the top of that list', and that 'A significant portion of our current and anticipated future revenues are generated from products on Intel 7 manufactured at our fabrication facility in Israel.' It repeats that Intel is not insured for business interruption from war or political violence and that its Israeli property, plant and equipment is self-insured. It also records the deconsolidation of Altera, Intel's former programmable-chip business.

Proposal 7, requesting a report on Intel's human rights due diligence process, was not approved: 318,934,961 for, 2,883,597,209 against, 27,619,695 abstaining, with 742,040,598 broker non-votes. That is about a tenth of the votes cast, well above the threshold at which a resolution may be filed again. All eleven directors were elected, including Lip-Bu Tan. The meeting is the one at which Frank D. Yeary retired as Board Chair.

Proposal 7, submitted by the shareholder Nicholas Collins, asked the board to oversee an independent review and publish a report evaluating Intel's human rights due diligence in conflict-affected and high-risk areas 'including but not limited to Israel and the Occupied Palestinian Territory (OPT), China (Xinjiang), and the Democratic Republic of Congo (DRC)', covering gaps between policy and implementation, board-level oversight, and 'actions taken when severe risk is identified, including service modification, suspension, or contract termination'. The board recommended a vote against. Its statement of opposition says Intel has engaged third-party specialists to conduct human rights impact assessments since 2016, that its assessments and saliency matrix 'are publicly available through the report builder on our corporate social responsibility website and human rights website', and that 'As appropriate, we conduct heightened due diligence in certain geographies through country-level HRIAs.' It concludes that the requested report 'is unnecessary and would be a costly diversion of corporate resources'. The Corporate Governance and Nominating Committee, chaired by Barbara G. Novick, is identified as the committee overseeing geopolitical risk and human rights.

The primary document for this page. Property, plant and equipment by country at 27 December 2025: United States $71,158 million, Ireland $17,120 million, Israel $10,620 million, other countries $6,516 million, total $105,414 million - Israel is a tenth of the global total and third after the US and Ireland. Israel is named as one of Intel's four key production fabs in 2025 (Intel 7). Under geopolitical risk the filing states that 'a significant portion of our revenues are generated from products using our Intel 7 node that are manufactured at our fabrication facility in Israel and we are not insured for business interruptions resulting from war or political violence', that 'our property, plant and equipment assets in Israel are self-insured', and that Mobileye 'is headquartered and has most of its operations in Israel'. It records that Intel has 'delayed or cancelled manufacturing facility construction or expansion projects in Ohio, Germany, Poland, Malaysia and Israel'. On tax: 'We are subject to reduced tax rates in Israel and Malaysia as long as we conduct certain eligible activities and make certain capital investments', with 'conditional reduced tax rates that expire at various dates through 2056' and a 2025 tax holiday benefit of $79 million; cash taxes paid in Israel were $197 million. Intel consolidated Mobileye at an 80% ownership interest, having sold 57.5 million Class A shares - 7% of Mobileye - in a 2025 secondary offering. Total 2025 revenue $52,853 million.

Israeli trade press on the design work behind Intel's 2026 flagship client processor. Several hundred engineers in Israel led the project with Intel's Oregon site, and the compute tile - roughly three billion transistors, up to sixteen CPU cores - was 'designed entirely in Israel'. The Lunar Lake architecture folded into it was also designed in Israel. Establishes that Intel's Israeli sites are design centres for its core product line, not only a manufacturing location.

The UN Independent International Commission of Inquiry on the occupied Palestinian territory concluded that Israeli authorities and Israeli security forces have committed and are continuing to commit acts of genocide against Palestinians in the Gaza Strip, that they have and continue to have genocidal intent, and that the State of Israel bears responsibility for 'the failure to prevent genocide, the commission of genocide and the failure to punish genocide'. The analysis covers Gaza only, for the period 7 October 2023 to 31 July 2025.

Reporting the 2025 redundancies. Intel Israel employed almost 12,000 people across Haifa, Petah Tikva, Jerusalem and Kiryat Gat before the cuts; about 1,000 went at the end of 2023 and hundreds more from April 2025, including about 200 at the Kiryat Gat campus. Intel Israel's headcount is now around 9,300, roughly 4,000 of them at Kiryat Gat.

Proposal 5, the Ethical Impact Assessment, was not approved: 235,770,360 for, 2,208,866,958 against, 43,226,431 abstaining, with 840,591,459 broker non-votes - about 9.5% of the votes cast. Read against the 2026 result, support for a resolution addressing Intel's Israeli operations rose slightly between the two meetings.

The American Friends Service Committee's company record, stated valid as of 14 April 2025. It records Intel as Israel's largest technology employer with about 10,000 workers, $27 billion invested between 1974 and 2021, Israeli exports at 3.5%-5.5% of the country's total, and Israeli assets ranking third globally after the United States and Ireland at nearly 10% of worldwide assets. On the Kiryat Gat site it records the 1999 grant of $600 million, the site's location on the lands of Iraq al-Manshiyya and al-Faluja, and the absence of business interruption insurance because of the proximity to Gaza. Under 'military applications' it records that Elbit Systems' MK7 Enhanced Tactical Computer, fitted to Merkava tanks, uses 'an Intel i7 Quad Core processor', and that Israel Aerospace Industries ran a 2019 innovation course with Intel and the Israeli Air Force. AFSC's own summary line is that Intel 'provides products and services to the Israeli military and maintains substantial operations in Israel'; the underlying record it gives is of an Intel component inside a third party's product rather than a contract between Intel and the Israeli state.

The first of the two resolutions, from the same proponent. It asked the board to assess 'the moral and legal implications of Intel maintaining corporate operations in a context of present alleged systematic human rights violations and alleged genocide', and 'the ethical thresholds for potential corporate responses, including potential divestment from or operational downsizing within those countries', citing Amnesty International, the UN Human Rights Office, Human Rights Watch, B'Tselem and Yesh Din. The board's statement of opposition is the fullest account Intel has given of its Israeli position: 'Intel has operated in Israel for nearly fifty years and currently has more than 11,000 employees in the country, making it one of Israel's largest private employers in the technology industry. One of Intel's key fabrication facilities responsible for the company's highest volume products is located in Israel, as are important product design and R&D centers.' It adds that 'any divestment from or operational downsizing within Israel, as suggested by the proponent, would likely cause significant harm to the company and its stockholders if undertaken on anything less than a very long-term basis', and that the board 'disagrees with the underlying premise behind this proposal - that continued presence in and support for the people of a country constitutes support for all activities of the government of the country'.

The International Court of Justice found Israel's continued presence in the occupied Palestinian territory unlawful and set out the consequences for states and for economic dealings that entrench it. The framework within which a company whose Israeli operations are sustained by Israeli state grants is assessed on this site.

Aggregated coverage of the halt and of the BDS movement's response, which described it as the biggest victory yet for the campaign while stating that Intel remains complicit.

Intel halts construction of the Kiryat Gat expansion less than six months after announcing it. Contractors were told to stop work and the construction workforce fell from about 5,500 to about 2,000.

The Palestinian BDS National Committee and the Palestinian Campaign for the Academic and Cultural Boycott of Israel launched the campaign on 19 March 2024, calling for a boycott of computers with Intel chips, for investors to divest from Intel stock, and for institutions to exclude Intel from tenders. The campaign page cites Intel's $25 billion investment and its $16.6 billion undertaking to Israeli suppliers, records that Intel's main Israeli plant sits on the ruins of Iraq al-Manshiyya about sixteen miles from Gaza, and gives Intel Israel's 2022 exports as $8.7 billion, 1.75% of Israel's GDP.

The launch statement, calling for a global boycott of Intel until it drops its investment in Israel, and describing Intel as a manufacturer of 'apartheid chips'.

The International Court of Justice found a real and imminent risk to the right of Palestinians in Gaza to be protected from acts of genocide, and ordered Israel to prevent them. The Court made no finding on the merits; the order's significance for a company is that it puts it on notice of a duty of prevention.

The Institute for Palestine Studies record of the village Kiryat Gat was built on. Population 2,220 in 1944/45, of whom 2,010 Palestinian; 13,838 of the village's 17,901 dunums in Palestinian ownership. At the end of the 1948 war the village lay inside the Faluja pocket with some 3,000 Palestinian civilians. Citing Benny Morris, the entry records that 'within days of signing the Israel-Egypt armistice agreement, on 24 February 1949, Israel violated its terms by intimidating into flight the 2,000-3,000 villagers of Iraq al-Manshiyya and neighboring al-Faluja', that the UN mediator reported civilians beaten and robbed by Israeli soldiers and cases of attempted rape, and that the decision was probably taken by the Israeli southern front commander with the approval of the prime minister. On the land: kibbutz Gat took additional village land in 1949 after the expulsion, and 'in 1954, Qiryat Gat was established on village lands'.

The Israeli organisation Zochrot's record of al-Faluja, the village neighbouring Iraq al-Manshiyya whose residents were expelled with them after the February 1949 armistice, and on whose lands Kiryat Gat later spread.

Announced two months into the assault on Gaza. Intel's $25 billion Kiryat Gat expansion, described by the Israeli government as the largest investment ever made in the State of Israel, with a $3.2 billion government grant and an undertaking to buy from Israeli suppliers over the following decade. The new plant was to open in 2028 and operate to 2035.

Intel paid a one-time $5,000 grant to its Israel-based employees, then about 12,000 people, at the end of November 2023, weeks before announcing the $25 billion Kiryat Gat expansion.

The last published breakdown of Intel Israel's export weight: $8.7 billion in 2022, 1.75% of Israel's entire GDP and 5.5% of all Israeli high-technology exports. Treat as historical - no comparable figure has been published for 2024 or 2025.

Investigation into Intel's Kiryat Gat facilities and the Palestinian villages of Iraq al-Manshiyya and al-Faluja, whose residents were expelled in violation of the guarantees given in the 1949 armistice. Retained from the previous version of this page; the site returned an automated block to our checks in August 2026, so the citation is recorded as published rather than re-read.

Contemporary US reporting on Intel's Fab 18 at Kiryat Gat, built on land from which the villagers of Iraq al-Manshiyya and al-Faluja were expelled after the 1949 armistice agreement filed with the United Nations had guaranteed their safety, and on the refugee population descended from them.