Intel is considering building a new chip factory in the German state of Bavaria
More than a month ago, Intel CEO Pat Gelsinger arrived in Europe, conducted a series of inspections and visits, and met with relevant people in EU politics and business circles and discuss the possibility of Intel’s establishment of a new chip factory in continental Europe. In an interview with the media, Pat Gelsinger stated that Intel is committed to building a technologically leading chip factory in Europe, but it needs approximately $9.7 billion in subsidies and believes that Germany is a very suitable place for Intel to build a new factory.
According to Reuters, the Minister of Economy of Bavaria, Germany, Hubert Aiwanger confirmed that it is currently discussing with Intel to build a new chip factory, but did not disclose the specific progress of the negotiation, but said it has provided Intel with an alternative location. At the same time, he welcomed Intel, believing that the location of a large international semiconductor manufacturing company in Bavaria provides an excellent development opportunity for the local area.
It is understood that the location proposed by Bavaria for Intel is at an abandoned air force base near Munich. There are also many German automakers in the region, and these are potential customers for Intel’s new chip factory in the future.
Intel currently has a chip factory in Ireland, located in Leixlip, and is undergoing an expansion project to meet the production requirements of the future 7nm process node. Intel is no stranger to Europe, and adding a new factory in the region will also help expand customers in the region and provide sufficient capacity to meet demand. In addition to Germany, Intel is also considering Belgium, the Netherlands, and Luxembourg.