Italy remains open to investment by Intel, rival chipmakers

SaltWire's Atlantic regional weather forecast for October 19, 2023 | SaltWireROME - Italy remains open to a possible investment by Intel in the country and would also welcome other chip makers, Industry Minister Adolfo Urso said on Wednesday.

The minister said Italy had offered a state contribution to facilitate the Intel investment and the U.S. company had not asked for more. Intel last year announced it aimed to build an advanced packaging and assembly chip factory in Italy as part of a wider long-term investment plan to expand capacity across Europe. The deal, expected to involve state subsidies, has not yet been finalised.

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:

SaltWire Network /  🏆 45. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

N.L. government wants to fastrack decarbonizing the province's offshore industryExplore stories from Atlantic Canada.
Read more »