Chip Manufacturing

Most Asian stock exchanges are recording gains following the positive trend on Wall Street. SK Hynix shares are up 25% and Samsung is up 20% following strong reports from major tech companies.

The state has cancelled a 1.3 billion shekel grant for Intel following the freeze on the expansion of its Kiryat Gat plant. The Ministry of Finance decided not to wait for progress, though it kept a separate grant scheduled for 2026.