Has the agreement between Intel and the Italian government been postponed?

Has the agreement between Intel and the Italian government been postponed?



For a long time, there has been talk of Intel's plans to strengthen chip production in Europe, which foresee an expenditure of 80 billion euros over the next 10 years invested along the entire semiconductor supply chain, by the departments of research and development up to the production and packaging of the chips. Seventeen of these will be spent in Germany for the construction of a gigantic plant for the production of semiconductors, in France for the creation of a design and research and development hub and in Ireland, Poland, Spain and Italy for the creation of R&D plants. , production, foundry services and back-end phases of production.

As we told you previously, as far as Italy is concerned, the government of Rome would be ready to finance up to 40% of the investment total of Intel in the Bel Paese, which should increase compared to the initial 5 billion dollars. Negotiations are now well underway, but at the moment the precise point where the installation will rise has not yet been defined, although two possible sites have been identified in Piedmont and Veneto. It seemed that the outgoing premier, Mario Draghi, was willing to conclude the agreement by the end of August, while the opening of the plant should take place by 2025, generating a demand for a workforce of about 1,500 employees and a further 3,500 jobs between suppliers and partners.

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