Europe kept waiting as Intel commits to new U.S. chip factories


FILE PHOTO: A worker arranges an Intel logo at the CeBIT trade fair, the world's biggest computer and software fair, in Hannover in this March 13, 2016. REUTERS/Nigel Treblin

BERLIN/STOCKHOLM (Reuters) -Intel still intends to develop European chip manufacturing capacity despite the delayed plans being overshadowed by its announcement on Friday of a more than $20 billion investment in two new U.S. semiconductor plants.

The company said in September it could invest as much as $95 billion in Europe over the next decade and announce the locations of two major new European chip fabrication plants by the end of 2021.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Man brutally beats bystander after standoff with driverless car, US cops say
Maths test stumps AI models: which number is bigger, 9.90 or 9.11?
PlayStation offering gamers three free months of Apple TV+
ViewQwest introduces 10Gbps home broadband, starting at RM1,800 per month
Ukraine rushes to create AI-enabled war drones
Italy's antitrust launches probe into Google over unfair commercial practices
‘One screen, two movies’: Conflicting conspiracy theories emerge from Trump shooting
TSMC Q2 profit rises 36%, better than forecast
Amazon Prime Day is a major cause of injuries for warehouse workers, US Senate review says
Nokia quarterly profit falls 32% but sees improved demand in 2nd half

Others Also Read