January 21, 2022

Intel – Italian Gov Talks Over $9 Billion Chip Foundry Intensify, Announcement in Q1 2022


Intel had initially deliberate to announce its subsequent wave of mega-foundry initiatives within the US and Europe by the tip of 2021, however sure issues pressured it to delay the choice to H1 2022. The chipmaker’s Europe fab is predicted to be arrange in both Germany or Italy, (presumably) with a couple of R&D services in France. The primary foundry on-site shall be arrange with a large funding of practically $10 billion. Italy is trying to be the front-runner on this regard, with Reuters reporting that the talks between the 2 events are “intensifying”.

Intel plans to speculate a sum of over $9 billion within the first foundry mission, adopted by one other $90 billion over the following 8-9 years. If the deal comes by means of, Italy will turn out to be the hub of Intel’s manufacturing operations in Europe. Italy’s neighbors gained’t be left empty-handed, with each Germany and France anticipated to get R&D and/or packaging services. These will work in tandem with the mega-fab anticipated to be inbuilt both Germany or Italy.

At current, Intel’s major design crew relies out of Haifa, Israel, with one other main facility in Oregon, US. The foundry modules are unfold throughout Arizona, Eire, Malaysia, and even Vietnam.

Supply: Reuters

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