https://wccftech.com/intel-announces-e17-billion-18a-2nm-plant-in-germany-part-of-larger-e33-billion-plan/

U.S. chip manufacturer Intel Corporation has announced new plans to expand its semiconductor fabrication globally. Intel is currently heavily investing in manufacturing capacity to bring up its production at a level with industry peers and expand its operating model to also include chip manufacturing for other companies. Today's announcement includes details about a new facility in Germany, and new centers in Italy and Ireland. The plant in Germany will manufacture semiconductors on Intel's latest chipmaking processes at the time it commences operations, and the one in Italy will employ the company's Intel 4 manufacturing process which according to Intel's roadmap provided last year will enter production later this year. Cumulatively, the new facilities mark a €33 billion investment from the world's largest chipmaker.

The chipmaker's announcement covers three new facilities in Europe. The largest of these will be located in Germany, where Intel plans to build two new fabs. These will be located in the German province of Saxony-Anhalt, and according to the company, they will bring 3,000 Intel jobs to the region alongside 7,000 more in construction. The company hopes to kick off construction in the first half of next year and expects it to be complete by 2027.