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Intel to Expand in France, Germany and Italy in Comeback

  • Chipmaker is seeking to restore its technological edge
  • Germany could get major wafer factory as part of the push
The Intel headquarters in Santa Clara, California, U.S.
The Intel headquarters in Santa Clara, California, U.S.Photographer: David Paul Morris/Bloomberg
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Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.  

France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.