Intel Chief Executive Officer Pat Gelsinger Tuesday said the company was planning two chip factories at a new site in Europe and could potentially expand it further, with the increases raising the total investment over about a decade to the equivalent of as much as 80 billion euros. The facilities would cater to meteoric demand for semiconductors as computers, cars and gadgets become more chip-hungry.
Intel eying $95 billion investment in Europe
Posted on Tuesday, September 07 2021 @ 21:46 CEST by Thomas De Maesschalck