Intel to invest billions to boost EU chip capacity - News Summed Up

Intel to invest billions to boost EU chip capacity


Intel to invest billions to boost EU chip capacityReutersIntel Corp on Tuesday said it could invest as much as 80 billion euros (US$94.53 billion) in Europe over the next decade to boost the region’s chip capacity and would open up its semiconductor plant in Ireland for automakers. The Intel Corp logo is pictured at the entrance to the company’s headquarters in Santa Clara, California, on Feb. 2, 2010. The aim is to create a center of innovation in Europe, for Europe,” Gelsinger said. The “Intel Foundry Services Accelerator” is aimed at helping automakers learn to make chips using what Intel calls its “Intel 16” chip manufacturing technology and later move to its “Intel 3” and “Intel 18A” technologies. Intel said nearly 100 automakers and key suppliers — including BMW AG, Volkswagen AG, Daimler AG and Robert Bosch GmbH — had expressed support for its programs.


Source: Taipei Times September 08, 2021 15:56 UTC



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