News stories tagged with #Irland
Intel's €5 Billion Mega-Investment Boosts Chip Manufacturing Capacity in Ireland
Intel has announced a massive €5 billion investment into its Leixlip, Ireland facility. These funds are designated to significantly expand the company's production capacity and modernize existing infrastructure. The strategic focus is on scaling up output using the advanced Intel 3 process technology. This monumental effort aims primarily to meet the exponential global demand for high-performance server processors driven by AI and cloud computing growth.
Intel Buys Back Fab 34 in Ireland for $14.2 Billion – Regaining Full Control
Intel has repurchased its shares in the Fab 34 facility in Ireland for $14.2 billion from Apollo. The plant, which produces advanced chips like Intel 4 and Intel 3 using EUV lithography, was spun off into a joint venture two years ago. The move reinforces Intel’s strategic and economic control in Europe and highlights the growing importance of CPUs in the AI era.