INTEL CONFIRMS 25 BILLION FAB IN iSRAEL

 INTEL has one fab in Kiryat Gat, Israel, and it is satisfied with its reliability. 17% of its employees are currently in reserve duty while Israel is being bombarded from Gaza, Lebanon and Yemen (!). Yet Israel has not missed even one date. INTEL has confirmed the ampliation of the existing fab by 10 billions (in construction) and 15 billions additional in 2025. 

On the other hand, its competitors in the USA are having difficulties in building production  facilities. From Zero Hedge:

Taiwan Semiconductor Manufacturing Co. revealed its mass production schedule was postponed from late 2024 until 2025 due to a shortage of skilled workers. 

"We are working on improving this by sending skilled technical workers from Taiwan to the US," Liu said on a conference call after earnings in July. 

Besides a shortage of workers, Bloomberg noted, "US environmental permit issues and the Biden administration's slowness in delivering financial support have been plaguing domestic chip projects."

Also, chipmaker ASML Holding NV recently warned that lawmakers in Washington, DC, do not estimate the complexity of building new factories.

"People don't seem to realize that when we start building those fabs across the globe now and are everywhere, that skill has been refined over the last couple of decades in only a few places on the planet — predominantly in Taiwan and in Korea and a bit in China.

"Getting access to the requisite skills and skilled workers to keep the construction plan on time is a challenge," Peter Wennink, chief executive officer of ASML, said earlier this year. 

Gaza Winter WAR

Gaza underground tunnels. ZAHAL is fighting.

New Times

Since the early 2000s, hard-core cultural Marxist progressives have seized control over the U.S. education system at all levels. As a result, young Americans are emerging from high schools and universities with values unlike anything we have ever seen.

The new American values are built around a division of humanity into two classes: oppressor and oppressed. “Oppressors,” young Americans now believe, are evil and must be punished. “Oppressed” are pure and must be empowered. The United States is the chief oppressor. Its social and economic orders must be radically transformed to expiate its sins.  (From Caroline Glick).

The market dismisses the Gaza War

We are in the third month of the Gaza War, and TASE levels have reached and surpassed its pre-war heights. My impression is that the investors feared more the civil disorders of the "Democracy" protests (of course, it had nothing to do with democracy, it was organized by Ehud Barak and the intelligence services, to overthrow "Bibi" Netaniyahu without a democratic election) than the current war against HAMAS.  In fact, the US$ returned to 3.6 shekels, where has not been for a long time. Israel is cheap again and we are prospering.  The leaders of HAMAS (pic) are still fighting. 

Why is ICL potash fertilizer so cheap?

 I don't know how the price of potash fertilizers is fixed. But is losing altitude and is about to crash. Should I throw it out of the Montgolfier to alighten its weight?

Novedades (Spanish)

Novedades en el Mundo: Nacio Ivri, cuarta generacion kibutznik , nieto.  El peso argentino devaluado y los precios se doblaron.  La demanda de procesadores explota a 1000 billones de US$ por ano, y yo apuesto a AMD. ZAHAL combate bajo tierra. Sone que retorne a Yamit.

Phlebotomy

 

    Around midday I received the results of my blood test taken at 800 AM. Kupat Holim is super-efficient. Everything within normal limits, except for ferritin, which is 450 mg/lt or so (300 is normal for men). What is the meaning? My body hoards iron within a protein capsule (see model left). It could be hereditary, could be some kind of anemia, could  be liver problems. The internet says phlebotomy (blood letting) is indicated. Wifey says I always had excess ferritin. I don't know, I have no iron spots on my hand, but they sure will appear with time. Life is finite. So depressing.