As Europe hopes to double its share of global chip production, Intel comes along with $20bn, plans for fabs
Intel is planning to spend as much as $20bn on building a couple of chip manufacturing plants in Europe, with more in the works.
CEO Pat Gelsinger has been traveling across the region and just met French President Emmanuel Macron, German Chancellor Angela Merkel, and Italian Prime Minister Mario Draghi to discuss component supply-chain problems amid the ongoing global chip shortage.
The European Commission, for one, hopes to boost production of “cutting-edge and sustainable semiconductors” in Europe to 20 per cent of global output by 2030, up from about 10 per cent right now, according to its Digital Compass initiative. That, at least, might ensure Europe gets a decent supply for parts for the future.
Intel wants in on this, and hopes to expand its presence on the continent. It hopes to build in Europe at least one factory for manufacturing and another for advanced packaging, Greg Slater, VP of global regulatory affairs, told the Financial Times over the weekend. France, Germany, Belgium, and the Netherlands are being considered as hosts for these facilities, and Intel is expected to name locations by the end of the year.
Chipzilla is, we’re told, prepared to blow as much as $20bn on these factories over the next decade, with an eye on building up to eight fabs on a 1,000-acre site somewhere with the necessary infrastructure around it. Intel teased it could spend up to $100bn during the lifetime of these Euro plants.
“We are well placed to make this an ecosystem-wide project, not just a couple of isolated paths in one member state,” Slater said. “We do believe that this is a project that will benefit Europe at large.”
That said, Intel will most likely be expecting something in return. In April, Gelsinger reportedly said he was seeking an €8bn ($9.5bn) subsidy to make up for the high cost of manufacturing in Europe.
“What we’re asking from both the US and the European governments is to make it competitive for us to do it here compared to in Asia,” he told Politico Europe. Intel has since denied a specific figure was mentioned in that interview.
Chipzilla also previously announced it was building a 3D-packaging semiconductor lab in New Mexico, USA. Meanwhile, rival chipmaker TSMC has apparently started construction of six plants in Arizona. The first one is expected to start cranking out up to 20,000 5nm chip wafers every month by 2024. ®
via The Register https://ift.tt/3gv0n1Y
July 12, 2021 at 03:54PM