Intel is building a new 17 billion semiconductor manufacturing hub in Germany
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.
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