Intel wants to anchor in France, Germany and Italy

Against competition following a period of technological stagnation, Intel wishes to return to the fore. And since the appointment of Pat Gelsinger, its new CEO, the firm is giving itself the means. Not content with reorganizing part of its activities (Intel will for example start to burn, in its own foundries, chips for third-party groups … a first), the brand also wishes to significantly increase its chip design capabilities and its production capacities.

With this in mind, and in a context of global semiconductor shortage, Intel particularly wants to take root in Europe. We recently learned from Bloomberg, that the Californian giant is well on the way to establishing itself in France, Germany and Italy. A triple strategic deployment which still deserves to be fully confirmed, but whose rumor comes from ” people aware of the negotiations », Assures the American media.

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France, Germany and Italy in Intel’s thoughts

In detail, Intel is about to set up a research and design center in France (it could be located in Paris or Grenoble, we learn), a test and assembly plant in Italy and a major chip production site in Germany. This project would represent a massive expenditure for Intel which would plan to invest several tens of billions of dollars, in total, for these three new European complexes. Contacted by Bloomberg, the authorities of the countries concerned declined to comment. Intel has also not agreed to speak at this point, we read.

This initiative, if it comes to fruition, should lead to the creation of several thousand jobs, Bloomberg notes. The media recalls for example that Intel must also install a new factory in Malaysia, for 7.1 billion dollars. The site is expected to provide employment to around 4,000 people.

Still, the French, Italian and German governments will have to play the game from a tax point of view … which seems to be off to a good start. A few months ago, Pat Gelsinger notably called on lawmakers on both sides of the Atlantic to give chipmakers public funds in the form of tax breaks and subsidies. A condition sine qua non the installation of these three sites on the old continent.

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