Intel is building a new €17 billion semiconductor manufacturing hub in Germany
by Chaim Gartenberg from The Verge - All Posts on (#5X4JG)
A rendering of Intel's new Magdeburg fab | Image: Intel Intel has announced a massive new investment in its European manufacturing sites, with a new 17 billion leading-edge semiconductor fab mega-site" in Germany, and a 12 billion expansion of its existing Ireland fab.
The company is also building a new R&D and design hub in France, and plans to invest in additional areas in Ireland, Italy, Poland, and Spain for manufacturing, foundry services, and research. All told, Intel is planning to invest over 33 billion in its initial wave of European R&D and manufacturing, as part of a total of 80 billion invested in the EU over the next decade.
Intel plans to invest 80 billion in EU manufacturing over the next decade
The new German site will consist of two semiconductor fabs in Magdeburg,...