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Intel is pouring $5.7 billion into its Irish chip factories to meet AI demand

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Intel is pouring $5.7 billion into its Irish chip factories to meet AI demand

The €5 billion capital program, which began earlier this year, will upgrade facilities and add several hundred jobs at the Leixlip site

Justin Sullivan / Getty Images

Intel $INTC announced a €5 billion ($5.7 billion) capital investment at its Leixlip campus in Ireland on Monday, targeting higher output of data center processors to meet demand for AI and high-performance computing.

According to the company, the program encompasses upgrades to fabrication facilities, new manufacturing equipment, and an expansion of the automated track system that links separate modules across the campus into a unified production environment. The program will also advance........

© Quartz