According to unnamed Reuters sources, Intel is actively negotiating with the Italian authorities to build a large semiconductor plant there with an investment of about $ 9 billion.
This represents 10% of the volume that Intel intends to invest in the development of its European operations in the next decade. Intel itself does not comment on the information about the plans in Italy and only reports that it is conducting “constructive negotiations on investments with the authorities of many EU countries.” Against the background of the global shortage of semiconductors, the corporation intends to actively develop their production, including in Europe. “We are encouraged by the opportunity to support the EU’s plans to develop the digital industry. So far, the negotiations are confidential, but soon we plan to make an official statement, “- said Intel.
According to sources from Reuters, while negotiations concern the technical conditions for the construction of the plant, energy costs and the number of jobs for citizens of the countries. After these conditions have been agreed upon, discussions will begin on the location and specific dates for the construction of the plant.
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