Intel to invest $4.6B in new chip factory in Poland
Intel, a multinational technology company, has just announced the investment of $4.6 billion to build a new semiconductor plant in Poland. The investment is part of Intel’s vision to create a first-of-its-kind end-to-end leading-edge manufacturing semiconductor value chain in Europe.
- The new facility will be built near Wrocław, Poland. It will help meet demand for semiconductor chips assembly and test capacity that Intel anticipates by 2027.
- Facilities will be constructed according to green building principles and will operate with high environmental standards to minimize carbon footprint and environmental impact.
- The investment will create approximately 2,000 jobs at Intel, as well as several thousands of indirect supplier and temporary construction jobs.
“Poland is already home to Intel operations and is well positioned to work with Intel sites in Germany and Ireland. It is also very cost-competitive with other manufacturing locations globally and offers a great talent base that we are excited to help to grow,”Pat Gelsinger, Intel CEO, comments.
- Intel’s planned investment in Poland is part of its vision to create a resilient end-to-end semiconductor supply chain in Europe. Combined with its existing wafer fabrication facility in Leixlip, Ireland, and its planned wafer fabrication facility in Magdeburg, Germany, Intel will help the European Union work toward the goal.
- It will also serve as a catalyst for additional ecosystem investments and innovation in Poland and across the European Union.