News Formal

Intel to invest €12bn in expanding Irish operation | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

Intel to invest €12bn in expanding Irish operation, PeterODwyer1 reports.

Pat Gelsinger, the chief executive at Intel, pictured left with Micheál Martin, the Taoiseach, said the investment would create a ‘world-class chip ecosystem’ that spans all of Europe. Picture: Marc O’Sullivan

Intel is to invest a further €12 billion in expanding its operations in Ireland as part of an ambitious €80 billion EU-wide semiconductor investment package over the next decade. The US chipmaker made the announcement today as it confirmed that the centrepiece €17 billion investment Ireland had been in the running for would go instead to Magdeburg in Germany.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glenveagh boss: price caps on First Home scheme may need to rise | Business PostThe Business Post website is the home of quality independent journalism. An Irish and global news service, with award winning comment and analysis
Source: businessposthq - 🏆 8. / 71 Read more »