The investment will upgrade Intel’s Leixlip campus with advanced manufacturing equipment to boost AI and high-performance computing chip production in Europe.
Intel has announced a €5 billion (US$5.7 billion) capital investment at its manufacturing campus in Leixlip, Ireland, as it looks to increase production capacity for artificial intelligence (AI) and high-performance computing chips in Europe.
According to The Economic Times, the investment will maximize capacity at Intel’s European manufacturing base by expanding production, advancing research and development activities, and making better use of existing cleanroom facilities.
Intel said the latest capital expenditure programme, which began earlier this year, will modernise existing fabrication facilities and install advanced manufacturing equipment to support production of Intel Xeon 6 processors and the next generation of Intel Xeon chips built on the company’s Intel 3 manufacturing process.
The company has invested €30 billion (US$34.2 billion) in Ireland since 1989, with more than half of that amount spent between 2019 and 2023 to double production capacity for its most advanced process technologies. Intel currently employs about 4900 people in the country.
Commenting on the expansion, Naga Chandrasekaran, executive vice president of Intel Foundry, said, “We are not just increasing output of critical products, we are ensuring Ireland remains at the forefront of the world’s most advanced manufacturing ecosystems, while strengthening the region’s role in the global technology landscape.”
The investment is expected to reinforce Ireland’s position as a key semiconductor manufacturing hub while helping Intel meet growing global demand for AI and high-performance computing processors.
