Intel Corp halts construction on its $25 billion semiconductor plant in Kiryat Gat, Israel.

The company cited dependencies and factors leading to the delay.

Intel reaffirms its commitment to Israel and its workforce.

The duration of the construction hold is uncertain, possibly linked to financing evaluations.

This follows Intel's abandonment of a luxury R&D complex in Haifa to redirect funds towards its foundry push.

Intel aims to become the number two foundry by 2030 despite setbacks.

Executives from Israel have relocated to a new factory in Ohio, linked to a $20 billion investment near Columbus.

Intel is also expanding capacity in Arizona, Oregon, and Germany.