Recently, according to relevant media reports, people familiar with the matter revealed that Intel CEO Pat Gelsinger said that if Intel's business in China is further restricted, it may endanger the development of the domestic chip manufacturing industry in the United States. Gelsinger warned that without orders from Chinese customers, the need for Intel to build a chip factory in Ohio and other projects would be greatly reduced.
Previously, Intel seemed to have started the "investment mania" mode. They announced in June 2023 that they would spend 30 billion euros (about 235 billion yuan) to build two chip manufacturing plants in Magdeburg, Germany. At present, Germany has agreed to give Intel a subsidy of nearly 10 billion euros, which is higher than the 6.8 billion euro subsidy originally planned for Intel. Intel CEO Pat Kissinger said that in order to "realize the vision of establishing a vibrant and sustainable cutting-edge semiconductor industry in Germany and the European Union", both Germany and Saxony-Anhalt, where Magdeburg is located, have made efforts.
Outside of Germany, Intel invested US$4.6 billion in Poland and US$25 billion in Israel to build a chip factory. Among them, the Polish factory is located near Wroclaw, Poland, and is expected to create 2,000 jobs; the Israeli factory is located in Kilitgat, and is expected to be officially put into operation in 2027, creating thousands of local jobs.
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