Under Patrick Gelsinger, Intel planned to build its first semiconductor fab in continental Europe, in Magdeburg, Germany to expand the company’s manufacturing capacity and turn Intel into a foundry rivalling TSMC. The project was also intended to help develop semiconductor manufacturing within the EU. Intel’s financial difficulties and cutting costs was the end of the project, but it seems Europe investments are back on the table now. Read more “Intel resumes investing in EU. Ireland will get a 3nm node Fab”
Tag: factory
Intel kills EU fabs, chip manufacturing exit after 1.4nm node?
Last Friday, Intel released its Q2 financial results, reporting another $3 billion loss (though in reality, the situation isn’t as dire as the figure suggests). Alongside these results, Intel announced various measures its new CEO is taking to rescue the company from its current crisis—or at least improve its finances somewhat. The implications are far-reaching. Beyond drastic layoffs, it also means the death of European investments. Read more “Intel kills EU fabs, chip manufacturing exit after 1.4nm node?”







Latest comments