The Republic currently plays host to a semiconductor cluster that employs about 20,000 people and generates estimated annual revenues of €15.5 billion, according to the position paper.
Patrick Gelsinger, chief executive of Intel, said the EU Chips Act “underpins” the Nasdaq-listed company’s plans to invest in Ireland over the coming years. “It also presents an important opportunity for Ireland to further build its ecosystem and participate in the future evolution of the semiconductor industry,” he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: