Intel's big $5 billion bet on Ireland aims to right the wrongs of the cancelled Magdeburg, Germany complex — Fab 34's proven pipeline and Intel 3 node should help the company meet insatiable HPC demand
AI disclosure
Summary
The announcement comes just shy of a year after CEO Lip-Bu Tan cancelled Intel's planned €30 billion fab complex in Germany and a €4.6 billion assembly and test plant in Poland.