Intel Corporation
Long

INTC LONG INTEL PUTTING MONEY INTO "SMART BUILDINGS"

153
Intel Goes Smart on Office Buildings

Beginning the day off with something other than coronavirus or Iowa caucus developments, Intel (NYSE:INTC) is reportedly putting significant money into smart buildings in Petach Tikva in order to better compete for employees in Israel. Intel will be sinking $11 billion into a new manufacturing facility in Israel, home to some of Intel’s most advanced technologies. Intel faces competition for brain power from Apple, Google, and others, while Tech companies in Israel have been able to fill 17,000 vacancies since 2018. The new smart buildings will feature perks for workers and environmentally friendly energy systems, smart gyms, massage parlors and other fun stuff.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.