September 08 - 11:09
Intel plans to invest $95bn in new European chip factories
Intel plans to build new chip-making facilities in Europe valued at up to $95 billion. The company wants to build two new factories at a new site in Europe to cater to the significant increase in demand for semiconductors amid a global shortage. “This new era of sustained demand for semiconductors needs bold, big thinking,” Intel Chief Executive Pat Gelsinger said during a conference in Munich.
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