India, July 13 -- Intel Corp. (INTC) said it will invest €5 billion, or $5.7 billion, to expand manufacturing capacity at its Leixlip campus in Ireland, aiming to meet rising demand for AI and high-performance computing processors.
The investment will upgrade existing fabrication facilities, install advanced manufacturing equipment, expand research and development activities, and enhance the campus' automated production system. The facility manufactures Intel Xeon 6 processors and next-generation Intel Xeon chips built on the company's Intel 3 process technology.
Intel said the project, which began earlier this year, is expected to create several hundred permanent high-tech jobs in addition to engaging specialized construction and e...