The Italian government is in talks with Intel about a new chip factory. So far, Germany has been the biggest contender for a new Intel chip factory. But the Benelux is also being considered, as are Poland, where Intel is already present, and France.
Italy is now added. According to Reuters sources, the Italian government is working on an offer for Intel that includes government support and benefits around labour and energy costs.
Turin (Mirafiori) is mentioned in terms of location, and Catania in Sicily, where STMicroelectronics is already present today.
It is not yet clear when Intel’s decision will be made. Much will depend on the government support that the company can get. In May, CEO Pat Gelsinger already mentioned that the company is counting on around eight billion euros in subsidies.
For its part, Europe is strongly in favour of more chip factories. The ambition is to increase the share of chips produced in Europe from ten to twenty percent within ten years to be less dependent on production sites in Asia or the US.