News Intel closing in on $11 billion deal for Ireland factory funding — Apollo set to pay out 5x Intel's funding goal

[Admin]

WSJ reports that Intel and Apollo, who began exploring an investment partnership in April, are nearing the final touches on their deal that will result in $11 billion of funding for Intel's Fab 34 in Ireland.

Intel closing in on $11 billion deal for Ireland factory funding — Apollo set to pay out 5x Intel's funding goal : Read more

 

[Deleted member 2731765]

Fab 34, a recent addition to Intel's Ireland campus, manufactures the Intel 4 process technology to make compute tiles for Intel's Core Ultra Meteor Lake processors. The fab is the only high-volume semiconductor manufacturer in Europe using extreme ultraviolet (EUV) technology for its workflow, leading speculators to guess that Intel wants Leixlip to expand its production to more ambitious process nodes such as Intel 3, Intel 20A, and Intel 18A, which will see action in Intel's Arrow Lake and Panther Lake families.

Given the humdrum progress surrounding all this funding effort, and since Intel has kept its cards close to its chest on this Irish project, there still isn't full clarity whatsoever if the funding is for an entirely new plant, or just to expand an existing one at Leixlip, and/or its R&D campus at Shannon is on target as well.

However, the company has already spent €17 billion ($18.5 billion) on doubling the available manufacturing space at its Leixlip site. So these three venues would indeed make sense.

But another possibility is that Intel could also be planning to build an advanced "packaging facility" in Ireland, since the company recently shelved plans to build an advanced packaging and chip assembly plant in Italy, as reported by Reuters.

 

[NeoMorpheus]

This dirty company has more lives than a cat….

 

[Amdlova]

This dirty company has more lives than a cat….

Why dirty... This company has the eagle power lol.

 

[Geef]

So the company building be named 'Triple i' or 'III' (Intel Inside Ireland) or similar 'The AyeYaiYai Building.'

 

[Don Frenser]

Another reason not to buy anything intel inside.