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Intel – Italy Said to Intensify Talks Over EUR 8-Billion Chip Factory

Intel urged Italy to speed up negotiations with the $ 88 billion chipmakers. “These are structured investment talks with various EU leaders,” Intel said. Two sources familiar with the matter told Reuters that Intel and Italy are in talks to invest € 8.8 billion to build a sophisticated semiconductor packaging plant.

This statistical agreement gives Italy a% 80 billion (about 6 680,920) 10%. Semiconductor chip.

Intel, Italy Specifications:

Investments may range from $ 440 million to $ 8.8 billion, sources previously told Reuters. In October, Reuters reported that Germany, the largest economy in the European Union, has launched Intel, the European fab factory, as part of France’s ongoing projects.

Intel “held constructive investment talks with government leaders in several EU countries,” but declined to comment on talks with Italian authorities. “We look forward to many opportunities to support the EU digital agenda and the ambitions of 2030 for semiconductors Rice field. Following the outbreak of COD-19, consumer demand for explosive devices such as smartphones intel laptops, and computers have become increasingly difficult for code makers to increase their productivity.

After the recent supply chain crisis, EU countries have tried to reduce their dependence on semiconductor supplies from China, but much of their work still relies on sectors such as the automotive industry. The proposed Italian factory is a sophisticated packaging facility that uses sophisticated technology to produce all chips.

Intel, Italy Details:

Intel has invested $ 9 billion (approximately 67,640 feet). Thus, The decade since Prime Minister Mario Draghi began to establish the Italian government, sources said. He said negotiations would be difficult if Rome wanted to clarify. Intel’s plans for Italy, especially in terms of labor and energy costs.

Sources say that if Rome and Intel come to an agreement. They will continue to vote on behalf of the plant. However, CEO Pat Gelsinger said earlier this month that he plans to announce new chip factory sites. The United States and Europe early next year.

In April, the Italian government used anti-dumping laws to prevent. Thus, The sale of local semiconductor company shares to Chinese Shenzhen Invincible Holdings. Find out where your podcasts are on OrbitalSpotify, Ghana, JioSaavn, Google Podcasts, Apple Podcasts, and Amazon Music.

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