Intel to invest € 30B to setup angstrom-scale chipfab in Germany, calls it "semiconductor junction"
Intel announces investment exceeding 30 Billion Euros to expand its chip wafer fab facility in Germany. The expanded facility is expected to be the first of its kind in Europe to make chips in very advanced nodes. Intel goes for this huge investment in Germany to help European Union to fulfill its goal of resilient semiconductor supply chain. The new facility is termed as "silicon junction".
Intel has signed a revised letter of intent with German federal government for Intel’s planned leading-edge wafer fabrication site in Magdeburg, the capital of Saxony-Anhalt state in Germany.
Intel started process of building this facility in November 2022 by initiating land acquisition process for the project and plan to make first batch of production chips in four to five years following the European Commission’s approval of the incentive package. This planned facility at Magdeburg site to serve both Intel products and Intel Foundry Services customers.
Intel to follow green building principles and to operate the facility with high environmental standards lessening carbon footprint and environmental impact. Intel's green plan is to save water and use hundred percent renewable energy. “Building t...
Intel started process of building this facility in November 2022 by initiating land acquisition process for the project and plan to make first batch of production chips in four to five years following the European Commission’s approval of the incentive package. This planned facility at Magdeburg site to serve both Intel products and Intel Foundry Services customers.
Intel to follow green building principles and to operate the facility with high environmental standards lessening carbon footprint and environmental impact. Intel's green plan is to save water and use hundred percent renewable energy. “Building t...
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