‘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
STMicro and GlobalFoundries collaborate on $5.7B chip plant in France
STMicroelectronics and GlobalFoundries partner up to build a $5.7 billion semiconductor manufacturing facility in France.
According to the organization, the French government will provide "significant financial support" for the construction of the factory. According to Reuters, the project is an... Read more
‘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
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
‘Intel wants to buy chipmaker GlobalFoundries for 25 billion euros’
Intel is very interested in chip manufacturer GlobalFoundries. This is what the Wall Street Journal reports. Intel considers an acquisition so that it can increase its production of processors.
According to sources of the business newspaper, an acquisition of GlobalFoundries would cost Intel app... Read more
Germany’s Bavaria is in talks with Intel to build a chip megafactory
The southern state of Bavaria, in Germany, is in talks with Intel, to build a large European chip factory, to deal with supply bottlenecks that have crippled production in the automotive industry. The news came from the local economy minister on Friday.
In recent months, Intel has been seeking 8... Read more