Intel Plans Investments in Europe

Intel announces initial investment plans of more than 33 billion euros for semiconductor R&D and manufacturing throughout the EU.

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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.  

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A rendering shows early plans for two new Intel processor factories in Magdeburg, Germany. Announced in March 2022, the 17 billion euro project will deliver computer chips using Intel's most advanced transistor technologies. Construction is expected to begin in the first half of 2023, with production coming online at the end of 2027. (Credit: Intel Corporation) 

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Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

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