Intel will invest another $600 mn in Israel to expand R&D and spent $10 bn on a new chip facility. The announcement was made the CEO Pat Gelsinger who elaborated that $400 mn will be invested to turn Mobileye unit headquartered in Jerusalem into an R&D campus for the development of autonomous vehicle driving tech. Balance $200 mn will go into building an R&D center, called IDC12, in the port city of Haifa. Intel’s “mega chip design” facility will create 6,000 jobs.