Intel has announced plans for an initial investment of more than 33 billion euros to build a leading-edge semiconductor fab mega-site in Germany, to establish a new research and development (R&D) and design hub in France, and to expand capacities in R&D, manufacturing, foundry services and back-end production in Ireland, Italy, Poland and Spain.
With this landmark investment, Intel will bring its most advanced technology to the continent, helping the EU create a next-generation European chip ecosystem and addressing the global need for a more balanced and resilient supply chain.
Intel’s plans will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of Intel’s IDM 2.0 strategy.