Today, CEO Pat Gelsinger shared an exciting update, setting the course for Intel to move into a new era of innovation and technology leadership. As the leading provider of silicon globally, our IDM 2.0 model will pave the way for Intel to continue to lead through manufacturing.
Intel’s advanced manufacturing scale is built on global operations and Europe has played a central role in our manufacturing story for more than 30 years. We are accelerating investment in Europe and supporting the EU’s ambition of having 20% of the world’s cutting-edge chips manufactured locally.
Intel employs over 10,000 people across Europe. Our teams in Ireland, Germany, Poland, France and many other European countries work throughout the supply chain, ranging from R&D to manufacturing, powering innovation globally.
Since 1989, we have invested $15 billion in current manufacturing capacity in Europe, ensuring that Intel is one of the largest and most advanced semiconductor manufacturing operations in the region, but we’re not stopping there. In an effort to more than double Intel’s available manufacturing space in Ireland and Europe, we have invested an additional $7 billion from 2019 to 2021 in an ongoing expansion.
This investment is designed to bring Intel’s latest generation 7nm process technology to the region and expand our manufacturing operations. It will also drive economic growth in the region, creating 1,600 permanent high-tech jobs once complete and over 5,000 construction jobs.
Furthermore, there will be additional opportunity for investment in the region. As Pat explained, we plan to announce the next phase of expansions to support our new foundry business in the US, Europe and other global locations within the year.
We have a shared ambition with the EU to deliver state-of-the-art semiconductor technology to Europe and create a more geographically balanced manufacturing capacity. Intel is uniquely positioned to support the EU’s vision for a digital transformation by 2030, thanks to our technology leadership, continuous investment in our manufacturing and development of future foundry capabilities in Europe. Intel values business environments and policies across the globe that encourage investment in semiconductor innovation and manufacturing.
Our investments here in Europe have created a hub of advanced manufacturing that, coupled with our diverse capabilities across the region, puts us in a unique position to support the EU agenda of securing the supply of advanced semiconductors for the European market and beyond.
As we grow in Europe, so does our commitment to create a more responsible, inclusive and sustainable future, enabled through our technology and the expertise and passion of our employees.
We are ready to embrace the next era of innovation at Intel, one that has global manufacturing at its core.
Eamonn Sinnott is Intel Vice President, Manufacturing and Operations and General Manager, Intel Ireland.
Intel is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices.
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