Intel pours more than €33bn into European chipmaking expansion in Germany, France. Ireland, Poland, Spain and Italy

CEO Pat Gelsinger says the plans include a €17bn investment into a German semiconductor site

Kelsey Rees
clock • 2 min read
Intel pours more than €33bn into European chipmaking expansion in Germany, France. Ireland, Poland, Spain and Italy

Semiconductor giant Intel said it is injecting more than €33bn to boost its chipmaking activity in Europe as part of its plans to invest €80bn in the EU over the next decade.  The investment includes €17bn into a semiconductor fab (chip factory) mega-site in Germany; a new R&D and design hub in France which will see the region become Intel's European headquarters for high performance computing (HPC) and artificial intelligence (AI) design capabilities; and to invest in R&D, manufacturing a...

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