Intel Plans $4.6 Billion Polish Fab as EU Hub Picks Up Pace

CEO Gelsinger announced investment Friday in Wroclaw, Poland
Intel is planning investment in EU to localize supply chain

Mateusz Morawiecki, right, and Pat Gelsinger in Wroclaw, Poland, on June 16.Source: Chancellery of the Prime Minister of Poland

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By Wojciech Moskwa

June 16, 2023 at 8:17 AM UTC

Updated on

June 16, 2023 at 11:55 AM UTC

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Intel Corp. said it plans to invest $4.6 billion to build a semiconductor assembly and test facility in western Poland, its latest project in the European Union as the bloc seeks to boost chip production amid rising geopolitical tensions.

“With this investment today, and others in the EU, we’re excited to play a critical enabling point to building these more resilient supply chains,” Chief Executive Officer Pat Gelsinger said at a press conference announcing the plans in Wroclaw, Poland on Friday.