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Italy committed to secure Intel investment over chip factory, minister says

Italy committed to secure Intel investment over chip factory, minister says
Italy committed to secure Intel investment over chip factory, minister says Copyright Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
Published on Updated
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MILAN - Italy's government is determined to secure an investment by Intel to build a chip factory in the country, the economy minister said on Wednesday.

"Unfortunately, or luckily, we have had a change in the government: things have worldwide changed as regarding costs, but we are still committed", Minister Giancarlo Giorgetti said on the sidelines of a parliamentary audition.

In her end-of-year news conference in December, Prime Minister Giorgia Meloni said she considered Intel's investment as highly strategic and would schedule a meeting with the company to explore ways to facilitate it.

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