As Europe hopes to double its share of global chip production, Intel comes along with $20bn, plans for fabs
posted on July 17, 2021 09:03
Intel is planning to spend as much as $20bn on building a couple of chip manufacturing plants in Europe, with more in the works.
CEO Pat Gelsinger has been traveling across the region and just met French President Emmanuel Macron, German Chancellor Angela Merkel, and Italian Prime Minister Mario Draghi to discuss component supply-chain problems amid the ongoing global chip shortage.
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