News Intel Purportedly Decides on Location for Multibillion-Euro Chip Factory

[Admin]

Confirmation of the deal is thought to have been held back so as not to influence the general election. The Vigasio site is expected to be dedicated to advanced semiconductor packaging and assembly.

Intel Purportedly Decides on Location for Multibillion-Euro Chip Factory : Read more

 

[Chung Leong]

Intel must be making revisions to plans they made a year ago about investing in Europe. A fab uses an enormous among of electricity. The electricity market in Europe at the moment is just completely fubar. Businesses large and small are being driven to bankruptcy by bills that have increase by 500%--even 900%. Who can predict what the cost of energy will be when construction of these new facilities finish say ten years from now? Would an assembly plant in Italy make sense if other investments might not go through due to economic uncertainty? My guess is Intel will push the pause button, perhaps using the election results as an excuse.

 

[kjfatl]

It takes about 4 years to build a large scale power plant. France can build a nuclear power plant in 4 years.
The first 2 years of building a high end semiconductor plant are building the shell. The expensive part is the last 2 years. If the power situation is not resolved by then the equipment will be moved elsewhere into another partially build facility like Columbus OH fab #3.

 

[crunchylayer4]

new palms must be greased

 

[Chung Leong]

It takes about 4 years to build a large scale power plant. France can build a nuclear power plant in 4 years.

France is currently expecting the first of its newly planned reactors to come online in 2035 at the earliest. The planning stage started back in 2019. And here we're talking about installing new reactors in existing plants. Getting a new plant up and running in countries that had abandoned nuclear (Italy, Germany) or never had it (Poland) would take far longer.