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Intel Announces Investment of Over €33B for R&D and Manufacturing in EU
- yvdriess 5y agoLooks like the pie is being spread by order of EU member GDP: Germany gets 17B for a new fab, France an R&D center, Italy a 4B manufacturing center.
- giorgioz 5y agoGDP of European countries: https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Europe_by_GDP_(nominal) https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu... GDP in Billion of US dollars in 2021: Germany 4,230.172 United Kingdom 3,108.416 France 2,940.428 Italy 2,120.232 Russia 1,647.568 Spain 1,439.958 Netherlands 1,007.562
- yvdriess 5y agoYes, with the top-3 EU members being Germany, France and Italy; which are getting parts of the pie. I'm not counting the Poland and Ireland mentions. Those already have Intel sites and at least in the case of Gdansk those expansions are already underway.
- ksec 5y agoI think a lot of people assume EU as a shorthand for Europe instead of European Union. And not understanding difference between EU and EEA. ( I dont blame them ) I have seen this a lot on HN and not sure how to solve this.
- giorgioz 5y agoPopulation of European countries in 2022 in millions: Russia 145,934,462 Germany 83,783,942 United Kingdom 67,886,011 France 65,273,511 Italy 60,461,826 Spain 46,754,778 Ukraine 43,733,762 Poland 37,846,611 Romania 19,237,691 Netherlands 17,134,87
- avnfish 5y agoThe writing is truly on the wall for the UK...
- mhh__ 5y agoSovereignty is worth whatever your deal is plus £1, haven't you heard!?
- mrlonglong 5y agoYes and the Tories will pay for it eventually. Revenge is a dish best served cold.
- paxys 5y agoMore like – countries in the region that are more suitable for semiconductor manufacturing (modern infrastructure, skilled workers, resources) also have a higher GDP for the same reasons.
- yvdriess 5y agoBy those criteria, the Benelux region would be more suited (two large cargo ports, dense road/rail/canal network, top universities in the field; plus: proximity to ASML and imec)
- deleted 5y ago[deleted]
- MichaelRazum 5y agoSeems like intel and co are trying to build it's factories in the western countries. Basically guess it is a good idea to how some diversification. Especially it seams that the world relies very strongly on taiwan.
- mhh__ 5y agoThey also get fab capacity to sell to people, which is part of Intel's strategy going forward. Decorrelating themselves from AMD and apples political risk (at least until TSMC have a bigger presence in the west) is probably a no-brainer.
- netsharc 5y agoThe article briefly mentions "EU Chips Act": yeah it's a good idea, that's why the EU started offering subsidies to chip companies, and this article is confirming that the offer is attractive... https://www.reuters.com/technology/eu-lays-out-billion-euro-plan-boost-chip-production-2022-02-08/ https://www.reuters.com/technology/eu-lays-out-billion-euro-...
- akmittal 5y agoWith $20 billion in US and €33B in Europe, Intel seem to focus again on fabrication. Intel has struggled lately to compete with TSMC/Samsung, Does these big investments mean they have a bigger plan?
- sparky_ 5y agoNot sure why you're being downvoted. Intel has indeed confirmed plans to act as a fab/foundry for other companies [1]. So this new capacity is likely aiming beyond their own chips and ISA. 1: https://www.cnbc.com/2021/03/23/intel-is-spending-20-billion-to-build-two-new-chip-plants-in-arizona.html https://www.cnbc.com/2021/03/23/intel-is-spending-20-billion...
- Shadonototra 5y agoit's nothing compared to south korea and their 450 BILLIONs https://spectrum.ieee.org/south-koreas-450billion-investment-latest-in-chip-making-push https://spectrum.ieee.org/south-koreas-450billion-investment... it's literally nothing Intel is doing it to please the clueless politics
- akmittal 5y ago$20 billion in US, $36 billion in Europe and they spent 5.4 billion overtaking Tower semiconductor. This is not nothing. Moreover south korea plan to invest that amount in next 10 years and their plan does not seem much concrete as of now
- sylware 5y agoEU (netherlands/germany) has ASML but is unable to have high-end foundries (best node process), neither able to design high performance desktop/server CPU/GPUs (I have a hard time with ARM since the ISA is not "free" in all countries).
- blibble 5y agoARM is a UK company and the UK is not part of the EU
- blibble 5y agowith all these massive subsidised investments across the world is there going to be a huge supply glut in a few years as these plants come online? (wine and butter mountains, but with chips?)
- pestatije 5y agoI cannot imagine chipmakers blocking roads and burning cars though.
- mrlonglong 5y agoI'm very glad none of it will ever reach the UK. This is the price they paid to leave the EU. I say that as a Brit who voted to remain. Serves the Tories right, cutting off their noses to spite the EU.