by Giulio Piovaccari and Giuseppe Fonte
MILAN / ROME (Reuters) – The Italian government is preparing to make an offer to Intel in an attempt to convince the US chip giant to invest in an assembly plant in Italy, while Germany is competing to host a mega-factory. said three sources. requesting anonymity, the details being confidential.
Rome is reportedly already in talks with Intel about the possible investment, whose preliminary estimates are more than 4 billion euros, said sources involved in the talks.
One of them said that the total could even be as high as 8 billion euros, depending on Intel’s plans.
The Italian government is said to be willing to finance part of the total investment with public funds and to offer favorable conditions to Intel, in particular in labor and energy costs, and is preparing a very detailed offer with the aim of reaching an agreement on the part year-end, sources said.
The Italian factory is said to specialize in “advanced assembly” that uses new technology to build chips from tiles produced by Intel and other chipmakers, the sources said.
Among the sites selected for the plant, which could generate more than 1,000 direct jobs in Italy according to the sources, are the Mirafiori area in Turin, where the Italian headquarters of the car manufacturer Stellantis is located, and Catania in Sicily, where is the Franco-Italian. Chipmaker STMicroelectronics is already present, the sources added.
Intel declined to comment on its plans.
GERMANY IN THE LEADERSHIP OF THE “MEGAFAB”
The US group is also planning the creation of a mega-factory in Europe, where Dresden in Germany appears as a prominent candidate site, although France is also seen as a potential location, sources not directly listed. discussions.
Last month, Intel CEO Pat Gelsinger said the company will announce by the end of the year the location of two new large chip factories in the EU, as it plans to spend € 80 billion on the continent over the next decade. .
LACK OF CHIPS
These investments are part of the American group’s efforts to acquire advanced production capacities in Europe, in order to avoid future supply shortages such as those that currently afflict the continent, and the automotive industry in particular.
Italian Council President Mario Draghi said this week that the EU must act “now and decisively” to increase production in order to meet its goal of producing 20% of global semiconductor production by 2030.
“China and the United States are already investing tens of billions each in this sector,” he added.
However, this mega-factory and bottling plant construction project will take years and is unlikely to help European builders in the short term.
(With the contribution of Stephen Nellis in San Francisco and Angelo Amante in Rome, written by Giulio Piovaccari; French version Kate Entringer, edited by Sophie Louet)
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