Italy Open to Investment by Intel and Rival Chipmakers

         

Summary: Italy’s Industry Minister Adolfo Urso declared that Italy is still open to potential investments by Intel and other chip makers. The country has offered a state contribution to facilitate Intel’s investment, and the U.S. company has not requested additional support. Intel’s plan to build an advanced chip factory in Italy as part of its European expansion is still pending finalization.

Italy’s Industry Minister Adolfo Urso confirmed that Italy is open to potential investments by Intel and other chip makers. He mentioned that Italy has already offered a state contribution to facilitate Intel’s investment and the company has not requested additional support. Last year, Intel announced its plan to build an advanced packaging and assembly chip factory in Italy, as part of its broader long-term investment strategy to expand capacity in Europe. However, the deal, which is expected to involve state subsidies, has not been finalized yet.

Tags: Italy, Intel, chipmakers, investment, Industry Minister, advanced chip factory, European expansion

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