Friday, 24 March, 2023

Italy plans $4.6 B fund to enhance chipmaking, luring Intel

<p>Italy plans to set aside more than $4.6B until 2030 to enhance domestic chip manufacturing in order to lure greater investment from tech companies like Intel. The government is attempting to persuade the US corporation to invest billions of dollars in an efficient chipmaking plant in Italy that will employ cutting-edge technology to weave full chips. The talks with Intel are complex since the US group has made some extremely strong demands.<br /> &nbsp;</p>