Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent
AI Today Summary
Intel is investing 5 billion euros to expand its Leixlip campus in Ireland, focusing on Fab 34, one of Europe's few extreme ultraviolet lithography (EUV) facilities. This expansion aims to increase production of Xeon server processors used in AI and high-performance computing, adding several hundred jobs by the end of 2027. The investment supports AI infrastructure but does not directly compete with AI accelerator chips like Nvidia's GPUs.
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