Intel Invests €5 Billion to Expand AI Chip Manufacturing in Ireland
Intel has announced a €5 billion ($5.7 billion) investment in its Leixlip campus in Ireland to expand semiconductor manufacturing capacity and support the growing global demand for artificial intelligence (AI) and high-performance computing technologies.
The investment will enhance production at Intel's European manufacturing facility near Dublin by optimizing existing cleanroom space, increasing output, and strengthening research and development activities. The company said the project will improve fabrication capabilities while making efficient use of its current infrastructure.
As one of Ireland's largest multinational investors, Intel has invested €30 billion in the country since establishing operations there in 1989. More than half of that investment was made between 2019 and 2023 to expand production capacity for the company's most advanced semiconductor technologies.
Intel currently employs around 4,900 people in Ireland. The company said work on its latest capital investment project at the Leixlip facility began earlier this year.
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The expansion will upgrade existing fabrication facilities with advanced manufacturing equipment to produce Intel Xeon 6 processors and next-generation Intel Xeon chips using the company's Intel 3 manufacturing process. These processors are designed to support AI workloads, cloud computing, and enterprise data center applications, reflecting the increasing demand for high-performance chips worldwide.
Commenting on the investment, Naga Chandrasekaran, Executive Vice President of Intel Foundry, said the company is strengthening production of critical technologies while reinforcing Ireland's role as a global hub for advanced semiconductor manufacturing.
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"We are not only boosting the production of essential products, but we are also guaranteeing that Ireland stays at the leading edge of the world's most sophisticated manufacturing environments, while enhancing the area's position in the global technology framework," Chandrasekaran said.
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The investment further underscores Intel's long-term commitment to Ireland and Europe's semiconductor ecosystem as demand for AI-driven computing infrastructure continues to accelerate.