Israel redirects NIS 1 billion from unused Intel semiconductor grants to defense spending as the chipmaker's Kiryat Gat expansion remains frozen

Under the government's draft decision, about $283 million will be diverted, while the Defense Ministry is seeking a total of about $330 million for classified defense procurement

Government approves emergency transfer for immediate military procurement, with 850 million shekels coming from funds earmarked for Intel’s frozen southern Israel plant and…