Intel Announces Investment of Over €33B for R&D and Manufacturing in EU | Hacker News Reader

Intel Announces Investment of Over €33B for R&D and Manufacturing in EU

intel.com

Looks like the pie is being spread by order of EU member GDP: Germany gets 17B for a new fab, France an R&D center, Italy a 4B manufacturing center.

GDP of European countries: https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu... GDP in Billion of US dollars in 2021:

Germany 4,230.172

United Kingdom 3,108.416

France 2,940.428

Italy 2,120.232

Russia 1,647.568

Spain 1,439.958

Netherlands 1,007.562

Yes, with the top-3 EU members being Germany, France and Italy; which are getting parts of the pie.

I'm not counting the Poland and Ireland mentions. Those already have Intel sites and at least in the case of Gdansk those expansions are already underway.

I think a lot of people assume EU as a shorthand for Europe instead of European Union. And not understanding difference between EU and EEA. ( I dont blame them ) I have seen this a lot on HN and not sure how to solve this.

Population of European countries in 2022 in millions:

Russia 145,934,462

Germany 83,783,942

United Kingdom 67,886,011

France 65,273,511

Italy 60,461,826

Spain 46,754,778

Ukraine 43,733,762

Poland 37,846,611

Romania 19,237,691

Netherlands 17,134,87

The writing is truly on the wall for the UK...

Sovereignty is worth whatever your deal is plus £1, haven't you heard!?

Yes and the Tories will pay for it eventually. Revenge is a dish best served cold.

More like – countries in the region that are more suitable for semiconductor manufacturing (modern infrastructure, skilled workers, resources) also have a higher GDP for the same reasons.

By those criteria, the Benelux region would be more suited (two large cargo ports, dense road/rail/canal network, top universities in the field; plus: proximity to ASML and imec)

Seems like intel and co are trying to build it's factories in the western countries. Basically guess it is a good idea to how some diversification. Especially it seams that the world relies very strongly on taiwan.

They also get fab capacity to sell to people, which is part of Intel's strategy going forward.

Decorrelating themselves from AMD and apples political risk (at least until TSMC have a bigger presence in the west) is probably a no-brainer.

The article briefly mentions "EU Chips Act": yeah it's a good idea, that's why the EU started offering subsidies to chip companies, and this article is confirming that the offer is attractive...

https://www.reuters.com/technology/eu-lays-out-billion-euro-...

With $20 billion in US and €33B in Europe, Intel seem to focus again on fabrication. Intel has struggled lately to compete with TSMC/Samsung, Does these big investments mean they have a bigger plan?

Not sure why you're being downvoted. Intel has indeed confirmed plans to act as a fab/foundry for other companies [1]. So this new capacity is likely aiming beyond their own chips and ISA.

1: https://www.cnbc.com/2021/03/23/intel-is-spending-20-billion...

it's nothing compared to south korea and their 450 BILLIONs https://spectrum.ieee.org/south-koreas-450billion-investment...

it's literally nothing

Intel is doing it to please the clueless politics

$20 billion in US, $36 billion in Europe and they spent 5.4 billion overtaking Tower semiconductor. This is not nothing.

Moreover south korea plan to invest that amount in next 10 years and their plan does not seem much concrete as of now

I'm very glad none of it will ever reach the UK. This is the price they paid to leave the EU. I say that as a Brit who voted to remain. Serves the Tories right, cutting off their noses to spite the EU.

with all these massive subsidised investments across the world is there going to be a huge supply glut in a few years as these plants come online?

(wine and butter mountains, but with chips?)

I cannot imagine chipmakers blocking roads and burning cars though.

EU (netherlands/germany) has ASML but is unable to have high-end foundries (best node process), neither able to design high performance desktop/server CPU/GPUs (I have a hard time with ARM since the ISA is not "free" in all countries).

ARM is a UK company and the UK is not part of the EU

Reply on news.ycombinator.com