Intel CEO abandons UK chip factory building after Brexit – IT Pro – News

Intel abandons building a British chip factory after the United Kingdom leaves the European Union. This is what the CEO of Intel told the BBC. The man is counting on EU support to build European chip factories.

Intel CEO Pat Gelsinger said: In an interview with the BBC The UK has an “absolute” chance before Brexit as a country where a new chip factory will be built. But after Brexit, we will look to other European countries and ask for support from the European Union. “We currently have about seventy proposals for potential sites from ten countries. We hope to make a decision before the end of this year,” Gelsinger said.

Last month Gelsinger stated that Intel wants to invest up to eighty billion euros in European chip production over the next ten years. This money should be used, among other things, to build two new chip factories. Previous reports spoke of an investment of twenty billion euros, which would help build two factories, where production would be handled at one site and the other. Packaging. According to more recent reports, production plants will now be set up in two locations. According to Belgium, the Netherlands, Germany, France and Poland record Potential states for chip factories.