"Intel to Invest $10.9 Billion in New Israeli Fab" (INTC)

Intel has publicly stated they will never again build a new factory in California. In fact, when they closed Santa Clara's D2 fab in 2008 it was painted as the last Intel manufacturing plant in Silicon Valley.
It was, in fact, the last Intel manufacturing facility in the entire state of California.
Though still headquartered in Santa Clara they do their manufacturing in Oregon and Arizona and now Israel.

From EE Times, January 29:

SAN FRANCISCO — Intel will spend about $10.9 billion to build a new 300mm fab in the Israeli city of Kiryat Gat, according to Israel's finance minister, Moshe Kahlon.

Several Israeli publications and the Reuters news service reported that Kahlon revealed the new fab project in a tweet Monday. Intel did not immediately respond to an EE Times request for confirmation.

Israeli business publication Globes reported that Intel asked that Israel for a state grant amounting to about 10% of the cost of the project. The report indicated that Intel is already preparing the physical infrastructure for the new fab.

Intel's existing fab in Kiryat Gat. (Source: Lehava Center Qiryat Gat via the PikiWiki - Israel free image collection project)

Last year, Israel's ministry of finance revealed that the company would spend about $5 billion over two years to upgrade its existing fab in Kiryat Gat from 22nm to 10nm technology....

Reuters has more:

Intel to get $1 billion state grant for $11 billion Israel chip plant expansion