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Intel Invests €5 Billion to Expand Irish Hub in AI Chip Race

Intel Corp. is spending €5 billion ($5.7 billion) to expand its plant in Ireland, as the chipmaker attempts to regain its manufacturing dominance for the AI boom.

The investment will expand capacity at the Leixlip campus on the outskirts of Dublin as part of Intel’s drive to increase output of data center processors, Intel said in a statement. It will scale capacity of products such as the company’s flagship Xeon server processors as well as advancing research and development activities.

Read more in Bloomberg here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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