Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. Intel, founded in 1986, is one of the world's largest and highest valued semiconductor chip makers. It combines advanced chip design capabilities with cutting-edge manufacturing capabilities. In 1974, only six years after its foundation, Intel opened its first development center outside the US in Israel. The center has grown from a small team of five researchers to close to 10,000 today, divided among facilities in Kiryat Gat, Jerusalem, Haifa, Petah Tikvah, and Yakum.
Israel has been one of the Intel’s most important development and manufacturing centers, and is in charge of some of intel’s most advanced and innovative chips; the Kiryat Gat facility made history and was the first in the world to manufacture a Perfect Wafer. To this day, intel has invested more than $9 billion in Israel.