Intel to Advance Chip Manufacturing with €5bn Kildare Investment
- 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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41 Articles
The American chip manufacturer Intel is going to invest an additional 5 billion euros in Ireland to expand the production of advanced processors. The company aims to capitalize on the growing demand fueled by artificial intelligence (AI). The investment is intended to make Ireland ‘a leading European production center’.
Intel bets 5 billion euros on its Irish fab
Intel is committing 5 billion euros, around $5.7bn, to expand its campus at Leixlip in Ireland. The money is aimed at data-centre processors for AI and high-performance computing, Bloomberg reports. It is a serious share of the company’s budget. The sum represents roughly 30% of Intel’s $17bn capital expenditure planned for 2026, with most of it […] This story continues at The Next Web
The group explained in a press release that it intends to expand its production capacity in the country to manufacture its Intel Xeon 6 processors and future generations of Intel Xeon processors. This investment "will increase current production, advance research and development activities, and leverage the capabilities of existing cleanrooms," while also contributing "to strengthening the European semiconductor supply chain," the company added…
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