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TAP TIMES          -12-                                   JANUARY 2023


              Intel confirms €17 billion
           fab for Magdeburg, Germany



        SANTA CLARA, Calif. — Intel has con-
        firmed plans to invest an initial €17
        billion (about $18 billion) into a lead-
        ing-edge semiconductor fab mega-
        site in Magdeburg, Germany.


        New R&D and design hub
        The giant says it will also establish a new             This is an artist’s rendering of Intel’s proposed mega-fab in Mag-
        research and development (R&D) and de-                  deburg, Germany. (Intel)
        sign hub in France and expand capacities                advanced packaging. With the start of pro-
        in R&D, manufacturing and foundry ser-                  duction in Germany, Intel says it will use
        vices in Ireland, Italy, Poland and Spain.              our latest transistor technologies


        This is the first phase of Intel’s plans to             The almost 1,000 hectare area near Mag-
        invest as much as 80 billion euros in the               deburg in Saxony-Anhalt offers space for
        European Union over the next decade                     up to eight connected chip factories and
        along the entire semiconductor value                    partner companies.
        chain—from R&D to manufacturing and                                                             intel.com



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