Our Plan
Investing in Europe’s Digital and Green Future
Advanced chips are a prerequisite to the long-term success of the European Union’s digital transformation. Intel is planning a once-in-a-generation investment of approximately €50 billion to boost the European semiconductor industry and make the EU a leader in advanced semiconductor technology. The investment in leading-edge manufacturing in Europe will help avoid future chip shortages and protect European competitiveness in the decades to come.
It will foster the digital transition, but equally, will also be well-placed to support the growing demand for green technology powered by digital innovation. More energy-efficient chips can reduce the power consumption of the next wave of digital hardware, and powerful chips can drive the services and applications, including Artificial Intelligence and High-Performance Computing, that will equally be part of the green transition.
Intel's EU Investments
Intel is investing in a resilient and geographically balanced global semiconductor supply chain. We recently announced more than 50 billion euros in investments in Europe. Our planned investments in Poland and Germany, combined with our existing site in Ireland, will create a first-of-its-kind end-to-end leading-edge semiconductor manufacturing value chain in Europe.
In Germany, Intel plans to invest more than 30 billion euros to build two new leading-edge wafer fabrication facilities in Magdeburg, a major expansion of European manufacturing capacity.
Read more about Intel in Germany.
In Ireland, Intel has had a European manufacturing presence for over three decades and we are continuing to invest in our Leixlip location. We have made great progress on the expansion project, investing 17 billion euros to build Fab 34 in 2023, which doubles the manufacturing space and brings Intel 4 process technology to Europe.
Read more about Intel in Ireland.
"A factory without R&D in the semiconductor industry essentially becomes a boat anchor within six months. R&D and manufacturing are inextricable in this industry."
— Pat Gelsinger, Intel CEO, at WEF
Strengthening European Semiconductor Research and Design
Europe has long-standing and strong players when it comes to semiconductor technologies, including ASML in the Netherlands and Zeiss in Germany, plus many more companies across the continent producing robotics, components, and optical equipment. Increasing production in Europe will provide a major boost to this existing ecosystem of innovation drivers, as well as those companies that have leading-edge semiconductors as the bedrock of their innovation plans across automotive, telecommunications, high-performance computing and Artificial Intelligence.
Intel also is increasing its contributions to building a comprehensive research infrastructure across Europe. We continue our 25+ year collaboration with imec, and since 2022 have expanded this partnership to support R&D progress for 2030+ semiconductor manufacturing readiness. Moreover, in June 2023, CEA-Leti and Intel established a joint research partnership in advanced semiconductor technologies with the goal of extending Moore's Law beyond 2030. Lastly, we have been collaborating with Fraunhofer Partnership to develop an R&D roadmap for advanced packaging technology (3D Heterogeneous Integration) for 2030+.
By investing in R&D and industry partnerships alongside manufacturing, Intel will help create a cross-European value chain that advances the strategic interests of the EU in collaboration with its international partners.
Fulfilling Our Sustainability Goals
Intel has committed to ambitious sustainability goals. By 2030, we aim to be net water-positive by reducing water use and supporting water restoration projects. Also by 2030, we will use 100 percent renewable energy across all our manufacturing sites around the world and conserve 4 billion kWh of energy. We have committed to drive a 10% reduction in our absolute Scope 1 and 2 greenhouse gas emissions from 2020 to 2030. We will also achieve less than 1% landfill waste and implement circular economy strategies for 60% of our manufacturing waste streams in partnership with our suppliers.
Watch the video to learn more.