Intel has announced plans to invest €5 billion ($5.7 billion) to expand semiconductor manufacturing capacity at its Fab 34 facility in Leixlip, Ireland.
The investment will support production of Intel Xeon processors, including the Xeon 6 family and next-generation Xeon chips manufactured using the company’s 3-nanometer process technology.
Fab 34 Expansion to Boost Manufacturing Capacity
Intel said the project will upgrade Fab 34 with advanced manufacturing equipment and expand the site’s automated wafer transport system, which moves silicon wafers between fabrication areas.
Naga Chandrasekaran, executive vice president, chief technology and operations officer, and general manager of Intel Foundry, said the investment strengthens both the company’s manufacturing capabilities and Ireland’s role in semiconductor production.
“This €5bn investment represents a definitive commitment to maximize capacity at our Leixlip campus and increase what we can deliver to Intel Foundry customers.”
Intel has invested more than €30 billion in Ireland since establishing operations there in 1989. The Leixlip campus, which employs approximately 4,900 people, is one of the company’s most advanced semiconductor manufacturing facilities.
The expansion follows Intel’s decision in April 2026 to repurchase the 49% stake in Fab 34 that it had previously sold to an Apollo Global Management joint venture. Intel reacquired the stake for $14.2 billion after it was originally sold in 2024 for $11.2 billion.
Source: DataMagz