Taiwan Crisis Pushes Intel To Invest Billions In Europe
On the other hand, Intel is looking to diversify its chip-building capacity, evidenced by its discussions with Italy to build an advanced semiconductor packaging and assembly plant worth $5 billion, as per an exclusive report by Reuters on August 4. Apparently, Italy is one of the targeted countries in Intel’s decade-long plan to invest $88 billion in Europe, with the Italian government possibly covering 40% of the costs. Furthermore, Intel is also in discussions with Germany, France, Ireland, Poland, Belgium, and Spain as part of their investment package....