Intel expects $600m revenue loss, fewer server chips after Fab 28 blast
Factory near Kiryat Gat shut for two weeks after explosion killed two; Zinsner said production could restart by the end of this week
Intel expects the mid-October explosion at its Fab 28 plant near Kiryat Gat, Israel, to cost about $600 million in lost revenue across the fourth quarter of 2026 and the first quarter of 2027, and to reduce shipments of 10nm-class server processors for months, the company said during an earnings call.