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Hundreds of New Intel Jobs for Leixlip in €5bn Investment
The upgrade will expand output for AI and high-performance computing and add several hundred permanent roles, Intel said.
- On Monday, Intel announced a €5 billion capital investment at its Leixlip campus in Ireland to expand manufacturing output and meet growing global demand for AI and high-performance computing.
- After struggling in AI chip competition, Intel staged a major turnaround over the past year by capitalizing on renewed demand for its data centre processors and CPUs, now driving significant need for Intel 3 wafers.
- Executive Vice President Naga Chandrasekaran, Chief Technology and Operations Officer and General Manager of Intel Foundry, stated the investment 'represents a definitive commitment to maximize capacity' through upgrading existing facilities and installing cutting-edge tools to deliver Xeon 6 and next-generation Intel Xeon processors.
- Taoiseach Michel Martin called the investment a 'powerful vote of confidence in Ireland,' while IDA Ireland CEO Michael Lohan praised it for demonstrating 'the value of Ireland's skilled workforce, innovation ecosystem and stable business environment.'
- The expansion, begun earlier this year and targeting completion by end of 2027, follows Intel's April repurchase of full Fab 34 control for $14.2 billion; Chandrasekaran acknowledged rising electricity and construction costs as challenges while positioning Ireland as 'one of the very critical, pivotal parts' of Intel's network.
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13 Articles
13 Articles
Intel has announced a capital investment of €5 billion in Ireland with the aim of expanding its manufacturing capacity in Europe and meeting the growing global demand for artificial intelligence chips and high performance computing. According to the company, the initiative aims to maximize the capacity of its European industrial base in Leixlip, around Dublin, by expanding the current production volume, advancing in research and development acti…
·Brazil
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The American chip manufacturer Intel benefits from the AI boom and expands its plant near Dublin. Expansion is not a matter of course.
·Düsseldorf, Germany
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Total News Sources13
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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