Two years ago, Intel Corporation began negotiations with the Italian government to “activate” a new advanced backend manufacturing facility, with a potential investment mentioned as high as 4.5 billion euros. The establishment of the Italian chip manufacturing fund was aimed at attracting several large semiconductor companies, but Intel appeared to be the primary target.
According to Reuters, this week, Minister Adolfo Urso confirmed to the media that Intel had “abandoned or postponed its investments in France and Italy, while its investment plans in Germany were delayed.”
An Intel spokesperson declined to comment on the matter.
The Italian Minister of Industry stated that if Intel’s leadership decides to diversify construction outside of Germany, he would welcome the continuation of negotiations: “If it decides to complete these projects, we are still here.”
After Silicon Box, an advanced semiconductor packaging company based in Singapore, recently announced the signing of an agreement worth up to 3.2 billion euros, Italy will receive more investments. Their new factory in Italy will “support next-generation applications in areas such as Artificial Intelligence (AI) and High-Performance Computing (HPC).”
Urso believes that “there will be other projects in the coming months.” He also added that a ministerial working group has already held talks with an unnamed Taiwanese group.
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