RJ Hamster
Israeli Firm Doubles in Value to $10 Billion; 0%…
Breaking News from Newsmax.comChip Champ: Israeli firm Doubles In Value To $10 BillionIsraeli chipmaker Tower Semiconductor isn’t looking back.Two years after its $5 billion sale to Intel collapsed, the company has surged to a $10 billion valuation, delivering blowout earnings and announcing a $300 million global expansion to meet soaring AI-driven demand.The company is extending production of its next-generation analog chips key components that help power AI systems across three additional factories worldwide.Tower is also projecting record Q4 revenue, capping a remarkable rebound fueled by booming chip sales.Israel Unveils 0% Tax Plan to Encourage ImmigrationIsrael is rolling out a bold new incentive to boost immigration: a 0% income tax rate for newcomers in 2026 and 2027.It’s part of a sweeping plan aimed at drawing skilled workers, investors, and families to the country.The proposal phases taxes back in gradually through 2030 and includes a 10-year exemption on foreign income, making it one of the most aggressive aliya incentives in decades.Watch Video Here This email is never sent unsolicited. You have received this Newsmax email because you subscribed to it or someone forwarded it to you. To opt out, see the links below.Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Newsmax.com 362 N. Haverhill Road West Palm Beach, FL 33415 USA DM883612 010501b58b6m |
