The bulk of the money, some NIS 850 million ($283 million), was pulled from grant allocations originally earmarked for Intel’s semiconductor expansion in Kiryat Gat. AdvertisementIntel received an initial NIS 1.5 billion ($500 million) in 2024 to cover early project stages. The facility has received government grants of NIS 1.2 billion in 2014 and NIS 700 million in 2018. For Intel, the company already received NIS 1.5 billion before the freeze, and its existing operations in Israel continue. The remaining NIS 1.06 billion earmarked for 2026 remains theoretically available if Intel resumes work.