Chip giant Intel plans to build new factories in Germany

Horacio Villalobos – Corbis / Getty Images

Semiconductor maker Intel could build its next chip factory on German soil. In conversation with “Business Week” Intel CEO Pat Gelsinger said, “Many of the places in the final selection will come from Germany.” After returning to the US group earlier this year, Gelsinger announced that it would invest more than $ 20 billion in the construction of new chip factories.

Since its announcement, Intel has offered 70 building sites in Europe alone. Locations include Ireland, Belgium, Poland and Italy. According to Intel Boss, most construction sites come from Germany. Here are ten good places to like now in the final selection. A final decision must be made by the end of the year.

Good talks with the “federal government”

According to the company, criteria such as energy, water, soil and availability of trained personnel are important when deciding on a location. Intel also hopes to subsidize the construction of the chip factory. “We have received significant subsidies for our factories in Asia,” Gelsinger told Wirtshaftswatch. This is expected from European candidates, so Intel Factory will remain competitive. However, at the EU level, there have already been positive discussions with “the federal government and some German prime ministers,” Intel Bose said.

The Tesla factory in Gronehide will also play a role in selecting Germany as the location. Although there is no direct link here, German interlocutors may learn from discussions with Tesla how to attract global investors to Germany. However, for Gelsinger, another factor plays an important role, namely the liking of his customers: “Many of our major customers in Europe – Bosch or BMW, Daimler or Volkswagen – have explicitly supported the German location proposals.”

Read more

Expect semiconductor shortages: Bosch’s new $ 1 billion chip factory in Dresden

kh