Tag: chip factory

Here you will find all the articles with the tag: chip factory.

Intel to build 22.9 billion euro chip factory in Israel

Intel to build 22.9 billion euro chip factory in Israel

Intel is planning to further expand its manufacturing capacity in Israel through a new chip factory. Intel is busy expanding its chip production capacity outside the Asian region. This as part of its recent IDM 2.0 strategy to ramp up production capacity elsewhere in the world. Within this strat... Read more

date10 months ago
Germany refuses additional subsidy for new Intel plant

Germany refuses additional subsidy for new Intel plant

The German government has refused an additional 10 billion euro subsidy request by Intel. It wishes to build a new chip factory in Magdeburg. In an interview with the Financial Times, German Finance Minister Christian Lindner indicated that there was no extra budget for an additional 10 billion ... Read more

date10 months ago
SK hynix to invest almost €11 billion in new chip factory

SK hynix to invest almost €11 billion in new chip factory

SK hynix plans to invest €10.9 billion in constructing a new chip factory in South Korea. The construction of the M15X chip factory in the city of Cheongju will begin in October. The plant is scheduled to open in 2025. SK hynix is simultaneously drawing up construction plans for a later M17X e... Read more

date2 years ago
‘Italy and Intel close in on €4.9 billion chip factory deal’

‘Italy and Intel close in on €4.9 billion chip factory deal’

Intel and the Italian government are on the verge of finalizing a $5 billion (€4.9 billion) chip factory deal. Reuters learned the news from two insiders. Intel announced plans to invest €80 billion in European chip production facilities back in 2021. The first phase kicked off in March 202... Read more

date2 years ago
‘Intel will build an enormous chip factory in Magdeburg’

‘Intel will build an enormous chip factory in Magdeburg’

German broadcaster MDR reports that Intel will build an enormous chip factory in Magdeburg. According to the broadcaster, Intel will officially announce the news next week. In a 2021-interview with Techzine, Intel revealed that it was considering ten European locations for a new chip factory. Mo... Read more

date2 years ago
Intel will most likely build a new factory in Germany

Intel will most likely build a new factory in Germany

Due to the large chip shortage, many chip manufacturers are expanding. The most significant expansions are taking place in Taiwan, South Korea and the United States. It is still unclear how many companies will build a chip factory in Europe. So far, Intel is the only one that has promised to build ... Read more

date3 years ago