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Intel Invests €5 Billion in Irish Hub to Keep Up in AI Chip Race
Key Points
Intel Invests €5 Billion in Irish Hub to Keep Up 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...
Intel Invests €5 Billion in Irish Hub to Keep Up 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.