Reuters
Mon, July 13, 2026 astatine 7:02 AM CDT 1 min read
LEIXLIP, Ireland, July 13 (Reuters) - Intel has begun a €5 cardinal ($5.7 billion) superior concern astatine its Irish field to grow its manufacturing output successful Europe and meet increasing planetary request for AI and high-performance computing, the U.S. chipmaker said connected Monday.
Intel said the determination would maximize capableness astatine its European manufacturing basal successful Leixlip extracurricular Dublin, expanding existent accumulation output, advancing probe and improvement activities and utilising capacity crossed existing cleanroom space.
Intel is 1 of the cardinal multinationals successful Ireland's overseas investment-focused economy, having already invested €30 billion successful the state since 1989, much than fractional of which was spent betwixt 2019 and 2023 to treble capacity astatine the works successful bid to produce the company's astir advanced process technologies.
The chipmaker, which employs 4,900 radical successful Ireland, said its latest superior expenditure programme astatine the Leixlip field began earlier this year.
The concern volition upgrade existing fabrication facilities and the instal leading-edge manufacturing instrumentality to present Intel Xeon 6 processors and adjacent generation Intel Xeon built connected the group's Intel 3 manufacturing process, the institution said.
"We are not just expanding output of captious products, we are ensuring Ireland remains astatine the forefront of the world's astir precocious manufacturing ecosystems, portion strengthening the region's relation successful the global exertion landscape," Naga Chandrasekaran, enforcement vice president of Intel Foundry, said successful a statement.
($1 = 0.8750 euros)
(Reporting by Padraic Halpin; Editing by Sarah Young)

3 weeks ago
31






English (CA) ·
English (US) ·
Spanish (MX) ·