Italy remains a potential location for Intel to build a new European chip plant, the U.S. chipmaker told Reuters on Friday, having set out last March a plan to boost production in Europe.
Intel said at that time it would build a plant in Italy as part of its programme to invest as much as 80 billion euros in Europe over the next decade, centred on a mega chip manufacturing complex inThe Italian project would be an advanced packaging and assembly plant, using new technologies to weave together full chips out of tiles.
"We continue to progress our discussions with Italy regarding a state-of-the-art back-end manufacturing facility," Intel said in a statement to Reuters, adding it remained "excited about the project". Intel CEO Pat Gelsinger had seemed to suggest a possible setback for Rome in an interview with daily Il Corriere della Sera published on Friday, saying Italy was only one of several potential countries being considered and that a decision should be reached by the end of this year.
"Italy is still in play, but so are other candidate countries... We will decide within the year," Gelsinger was quoted as saying, adding that he spoke with Italy's Prime Minister Giorgia Meloni on Tuesday.
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