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TAP TIMES          -16-                                     APRIL 2022

                        Intel (from 15)


        Intel is also continuing to invest in its Leix-
        lip, Ireland, expansion project, spending
        an additional 12 billion euros and doubling
        the manufacturing space to bring Intel 4
        process technology to Europe and expand
        foundry services.


        €30 billion Ireland investment
        Once complete, this expansion will bring                Intel’s  Leixlip,  Ireland  fab  site  will  double  its  manufacturing
                                                                space. (Intel)
        Intel’s total investment in Ireland to more
        than 30 billion euros ($33.10 billion).                 between 2025 and 2027. Intel and Italy
                                                                aim to make this facility a fi rst of its kind

        In addition, Intel and Italy have entered               in the EU with new and innovative tech-
        into negotiations to enable a state-of-the-             nologies.
        art back-end manufacturing facility.
                                                                Tower Semiconductor
        With a potential investment of up to 4.5                Intel says this would be in addition to the
        billion euros($4.96B), this factory would               foundry innovation and growth opportuni-
        create approximately 1,500 Intel jobs plus              ties Intel expects to pursue in Italy based
        an additional 3,500 jobs across suppliers               on its planned acquisition of Tower Semi-
        and partners, with operations to start                  conductor. next page


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            E-tec Inserat Socket 2015 190x127mm US.indd   1                                                 18.06.15   10:06
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