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US party maker Intel has said money in the new $ 20bn semiconductor factory could be extended to a number of EU member states, as it wants the organizations to be more economically and politically successful.
Pat Gelsinger, the group’s leader, recently met with French President Emmanuel Macron and Italian Prime Minister Mario Draghi to discuss shortage of chip worldwide which has hit industries in Europe and beyond.
His visit followed the EU’s announcement that more funding could be provided to help the bloc achieve its new goal of making 20% semiconductor in global markets by 2030, including high-end chips.
Speaking to the Financial Times, chipmaker executives say there could be “all EU benefits” if Intel’s requirements for a new European manufacturing company were met, creating opportunities for the distribution of chips and services for chip production in several member countries.
“We can put the products on one page and carry the rest,” said Greg Slater, Intel’s vice president of global monitoring, who is part of Europe’s growing research team. Research and development can be redistributed in EU countries, where purchasing power by European retailers may increase “significantly”.
“We are ready to make this a global effort, not a one-size-fits-all approach,” he said. “We hope the project will benefit Europe as a whole.”
In addition to financial support, Intel is looking at nearly 1,000 hectares of state-of-the-art facilities, capable of supporting up to eight production equipment, called textiles, capable of acquiring technology. Intel has been monitoring countries including Germany, the Netherlands, France and Belgium to determine what could happen to the company. Elections are expected by the end of the year.
Initially, two fabrics are being developed, at a cost of $ 20bn over 10 years of operation, he said. For the entire period of the crop, the total cost could be more than $ 100bn, says an Intel boss.
French officials say Intel wants to bring the highest technology of 10 nanometer chip, or better, to Europe. Negotiations went on to address this need for European clients, who are currently relying on mature technology. “It takes a lot of money to set yourself up to use the highest level of expertise,” said one official. “We see the potential and the need.”
Government support will be crucial to ensure the competitiveness of the factory. “Its prevalence is 30 to 40% with Asia… And most of it happens with government support,” Slater said.
However, Intel was not just looking at scripts, French officials said. “He is looking at nature, its place. . . It is not just a question of what countries will give them in terms of money. It’s a few difficult things. ”
Intel CEO Pat Gelsinger Meeting with French President Emmanuel Macron last month © Stephane de Sakutin / Pool via AP
Intel also said it “also needs at the cost of being close to European customers which can give us a better and stronger opportunity to meet their needs”.
Thierry Breton, Brussels’ market commissioner and market manager, said Europe should make sure it eventually produces 2nm chips.
However, his ambition has raised concerns that Europe may be losing money, due to rising costs and difficulties in producing high-quality semiconductors.
Jacob Wallenberg, one of Europe’s best-known experts, told the Financial Times that while he understood the dream, there were serious risks. “The question is, Can you afford it? It would be tragic if we followed a course that was costly and did not solve the problem. ”
Intel is selling $ 20bn in two new factories in the US and an additional $ 7bn to increase its capacity in Ireland, as part of a multidisciplinary study to acquire major Asian giants TSMC and Samsung. He is also planning to bring his top 7nm weapons to the Irish page, the group said.
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