- Intel will invest 5 billion euros in Ireland to expand production of advanced processors.
- Expansion targets Intel Xeon 6 processors and future generations for data centers and high performance computing.
- Investment will expand existing production, boost research and development, and make greater use of current clean-room facilities.
- Intel says the project will strengthen Europe's semiconductor supply chain and support EU technological sovereignty.
- Move follows better than expected quarterly results and rising AI demand as Intel seeks to capitalize on CPUs alongside GPUs.
US semiconductor giant Intel said Monday it would invest five billion euros ($5.8 billion) in Ireland to expand production of advanced processors as it seeks to meet growing demand driven by artificial intelligence.
The company said it would increase manufacturing capacity at its Irish operations to produce Intel Xeon 6 processors and future generations of the chips used in data centres and high-performance computing.
The investment will expand existing production, boost research and development, and make greater use of current clean-room facilities, Intel said in a statement.
It added the project would help strengthen Europe’s semiconductor supply chain.
The announcement comes after Intel reported better-than-expected quarterly results in April.
It posted first-quarter revenue of $13.6 billion, up seven percent from a year earlier, as demand for AI infrastructure remained strong.
The chipmaker, which has faced mounting pressure after losing ground to rivals in the AI market, has sought to capitalise on growing demand for so-called AI agents — software systems capable of carrying out sequences of tasks autonomously.
Intel argues that wider adoption of such systems could increase demand for its central processing units (CPUs), which power many enterprise servers, alongside the graphics processing units (GPUs) that dominate AI training and are widely deployed in large data centres.
The investment will position Ireland as “a leading European production hub” while supporting the EU’s drive to strengthen its technological sovereignty through a more resilient domestic supply of advanced processors, Intel said.
