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Intel plans up to 80bn investment in European chip fabs

2021-09-08 02:00:00| Total Telecom industry news

Speaking at Munich’s IAA auto show this week, Intel’s CEO Pat Gelsinger said the company will invest up to €80 billion in European chip fabs over the next decade.  Intel is currently planning to create two new European chip factories, the locations of which are set to be revealed by the end of the year. Where exactly these plants will be situated is a matter of fierce debate, with France and Germany considered the most likely locations. Belgium, Poland, and the Netherlands are also being considered.  “A total project of €80bn euros over the next decade would be a catalyst for the semiconductor industry…read more on TotalTele.com »

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Geelys Zeekr EV brand raises $500M in Pre-A from 5 partners; Intel leading investor

2021-08-28 11:55:37| Green Car Congress

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Intel signs up Qualcomm, AWS for new foundry services

2021-07-27 08:43:00| Telecompaper Headlines

(Telecompaper) Intel has outlined a new roadmap for developing its production architecture and packaging systems. The upgrades are part of its plan to expand its foundry business...

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Intel in talks to buy GlobalFoundries for USD 30 billion - report

2021-07-16 09:02:00| Telecompaper Headlines

(Telecompaper) Intel is in talks to buy semiconductor maker GlobalFoundries for about USD 30 billion, the Wall Street Journal reported citing people familiar with the matter...

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Intel plans $20bn ecosystem-wide chip project in Europe

2021-07-14 02:00:00| Total Telecom industry news

As the global chip shortage rages on, the European market is becoming increasingly concerned about its position on the world stage. When it comes to semiconductors, Europe has found itself somewhat in the middle of China and the US, the former with its enormous production capacity and the latter with its technical prowess, and the situation is only growing more severe.  In part driven by ongoing geopolitical tensions, both the US and China are rapidly ramping up their chip industries, seeking to become less inter…read more on TotalTele.com »

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