Intel announces $5.7 billion capital investment at Irish manufacturing hub

Intel has begun a €5 billion ($5.7 billion) capital investment at its Irish campus to expand its manufacturing output in Europe and meet growing global demand for AI and high-performance computing, the U.S. chipmaker said on Monday.

Intel ‌said the ⁠move would ⁠maximize capacity at its European manufacturing base in Leixlip outside Dublin, expanding current production output, advancing research and development activities and utilising capacity across existing cleanroom space.