According to foreign media "telecompaper", recently, German Social Democratic Party (SPD) member Martin Kroeber said that the German government will provide Intel's planned two new chip manufacturing bases in Magdeburg by 2024. 6.8 billion euros (about 6.8 billion euros) RMB 48.55 billion). The German government will add €2.7 billion to the 2022 budget to fund the venues, the report added.

Reports show that Intel plans to invest 17 billion euros in Germany to build a chip factory in Magdeburg, the capital of Saxony-Anhalt. The new factory is called "Silicon Junction". Construction is scheduled to begin next year, with the first chips to be produced in 2027.

As part of Intel's IDM2.0 strategy, the new facility will use Intel's most advanced Angstrom-era transistor technology to produce chips to meet both foundry customers and Intel's European and global needs.

Layout of European production capacity

Intel pointed out in September 2021 that it hopes to invest tens of billions of euros in the EU over the next decade. Since then, Intel has successively announced its investment content, including the expansion of existing factories in Ireland, the construction of new factories in Italy and Germany, and the construction of new research and development facilities in France.

In France, Intel plans to build a new European R&D center around Plateau de Saclay outside Paris. France will be the European headquarters for Intel's high-performance computing (HPC) and artificial intelligence (AI) design capabilities. In addition, Intel also plans to establish its main European foundry design center in France to provide design services and design materials to industry partners and customers in France, Europe and around the world.

In Ireland, Intel will continue to invest in its Leixlip expansion project, investing an additional €12 billion to double its manufacturing space and bring its "Intel4" process technology to Europe to expand foundry services. The expansion, when complete, will bring Intel's total investment in Ireland to over 30 billion euros.

Intel has emphasized that the company plans to bring its state-of-the-art technology to Europe to build the next-generation European chip ecosystem and meet the need for a more balanced and resilient supply chain.

Multiple official help

Intel's move to deploy in Europe is not only directly supported by Germany, but also indirectly supported by the European Commission, Italy, and France.

In October last year, according to Xinhua News Agency, French President Macron announced a 30 billion euro investment plan at the Elysee Palace, the presidential palace, mainly involving semiconductors, biopharmaceuticals, nuclear energy, electric vehicles, agriculture and other fields. The ability of innovation to achieve economic growth. Under the plan, dubbed "France 2030," France will invest nearly 6 billion euros in tackling semiconductor shortages and ensuring the independence of French industry in the field, doubling French electronics production by 2030.

In February this year, the European Commission issued the European Chip Act, which plans to invest over 43 billion euros to boost the development of the European chip industry. The bill supports chip production, pilot projects and start-ups involving chip design, manufacturing, and packaging and testing, with manufacturing being the focus.

According to foreign media reports in March, a draft decree released by Italy showed that Italy plans to allocate more than 4 billion euros (about 4.6 billion US dollars) by 2030 to promote the development of local chip manufacturing to attract global leaders. investment in semiconductor companies.

It is worth mentioning that at the time, Italy hoped to persuade Intel to build a chip factory in Rome. Rome was responsible for providing public funds and other favorable conditions. The project invested about 8 billion euros (about 8.9 billion U.S. dollars) and was planned to be completed in ten years. However, the final result has not yet been announced.