Apollo Global to provide $11 billion to Intel for Ireland facility
Located in Leixlip, Ireland, the Fab 34 facility is Intel's leading-edge high-volume manufacturing facility designed for wafers using the Intel 4 and Intel 3 process technologies, the company said on Tuesday.
The company announced plans in 2022 to build chip factories in Ireland and France as it seeks to benefit from easier European Commission funding rules and subsidies. Intel said it has invested $18.4 billion in Fab 34 and the transaction allows Intel to unlock and redeploy to other parts of its business a portion of this investment.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apollo to invest $11 billion in Intel's Ireland Fab joint ventureApollo to invest $11 billion in Intel's Ireland Fab joint venture
Read more »
These $11 Comfy Bermuda Shorts Give Carrie Bradshaw VibesThese $11 comfy Bermuda shorts look exactly like something Carrie Bradshaw would wear on 'Sex and the City' — details!
Read more »
Lithium Ionic arranges $11 million financing for Brazil projectsNo 1 source of global mining news and opinion
Read more »
I Tried the $11 Smoothing Frizz Treatment That Turns Shoppers’ “Hair Into Silk”The L’Oréal Paris Elvive 8-Second Wonder Water is an $11 frizz-smoothing hair treatment. It’s lightweight, works in seconds, and ideal for anyone seeking glossy, smooth hair.
Read more »
Senators demand information from VA about alleged 'flagrant misuse' of bonus moneyAn internal watchdog found executives got some $11 million in improper bonuses.
Read more »
Report: Biden Admin Has Paid Taliban Nearly $11 Million Since Withdrawal DisasterSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »