While the German plant will likely focus on chip making services for automotive clients, the Italian facility is said to be a cutting-edge packaging plant capable of packaging chips consisting of tiles made by Intel and third parties. The Italian government is reportedly willing to come up with funds as well as favorable labor and energy cost terms.
Rome is already in talks with Intel about the potential investment, which according to preliminary estimates would be worth more than 4 billion euro ($4.7 billion), the sources who are involved in the discussions said.The Reuters article says France is seen as a big contender for the megafactory, while Poland is competing with Italy to land the packaging facility.
One of them said the total could even reach around 8 billion euros, depending on Intel's plans.