Intel invests €5B in Ireland fab to boost EU AI chip capacity

On July 13–14, 2026, Intel confirmed a €5 billion ($5.7 billion) capital investment to expand its Fab 34 campus in Leixlip, Ireland, focused on Intel 3 process technology for AI and high‑performance computing chips. The project will upgrade existing cleanroom space and add several hundred jobs as part of Intel’s broader European manufacturing strategy.