Intel picks Vigasio, Italy for factory investment

Intel picks Vigasio, Italy for factory investment

Vigasio, near Verona, in Italy’s north east region of Veneto will be to the site of Intel’s new European packaging plant according to Reuters.

The plant will cost €4.5 billion and is expected to employ 1,500 direct jobs and create 3,500 indirect jobs. It is due to come online in 2025-7.

The Vigasio site is part of an $80 billion European investment by Intel. It includes two fabs at Magdeburg in Germany costing $17 billion, a new fab at Leixlip costing $12 billion, an R&D and design centre in France and a lab extension in Poland.

https://www.reuters.com/technology/exclusive-italy-intel-pick-veneto-preferred-region-new-chip-plant-sources-2022-09-

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