Intel To Build New Chipmaking Complex In Germany

Share post:

Intel has announced plans to build a new chipmaking complex in Germany.

Intel will build two factories in Magdeburg, Germany, create 7,000 construction jobs, 3,000 permanent jobs, and tens of thousands of additional jobs for suppliers and partners.

Intel’s plans will build on its earlier mission to expand its chip-making plants across countries in Europe. The company plan to invest $88 billion in Europe over the next 10 years.

Apart from Germany, Intel will also take on big projects in other European countries. This includes building a new European research labs hub and creating 1,000 new high-tech jobs in France, increasing its labs space in Poland, and establishing joint labs with the Barcelona Supercomputing Center in Spain for advanced computing.

Other projects include investing an additional 12 billion euros in an existing Irish facility, and a possible chip assembly and packaging plants in Italy. The company plans to invest up to 4.5 billion euros and the plant in Italy is expected to commence operations between 2025 and 2027.

For more information, read the original story in Reuters.

Featured Tech Jobs


Related articles

England and Wales anesthetist recruitment marred by computer errors

Anesthetist recruitment in England and Wales has been disrupted by computer errors, bad technology choices, and flawed processes,...

CN Rail reports ‘internet connectivity incident’ disrupting Ontario passenger service

CN Rail says an IT incident affecting passenger rail service in the Toronto area it began suffering this afternoon isn’t related to cybersecurity. “It’s an internet connectivity incident,” a company spokesperson told IT World Canada at 4:30 p.m Eastern. “At this point nothing indicates it’s a cybersecurity breach.” In a tweet, CN described the problem

Solution to hardware flaw in Intel CPUs may cause large performance hit

A hardware flaw in Intel Core and Xeon CPUs lets attackers steal data from other users on the same system, including on servers that use Intel’s SGX memory protections, according to a Google researcher. According to SC Magazine, Daniel Moghimi told the Black Hat 2023 security conference this week that the vulnerability, dubbed “Downfall”, endangers

Voyager 2 incommunicado after antenna points in wrong direction

Voyager 2, NASA's 46-year-old spacecraft, is now incommunicado after its antenna pointed in the wrong direction. The space agency...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways