Intel Launches €5 Billion Chip Expansion at Leixlip Campus to Boost Intel 3 Output

Intel has begun a €5 billion (US$5.7 billion) investment at its Leixlip campus in Ireland to expand chipmaking capacity for AI and high-performance computing chips. The expansion will increase Intel 3 wafer output, support research and development, and add several hundred jobs to its 4,900 employees in Ireland, with most spending completed by the end of 2027.

According to Naga Chandrasekaran, executive vice president of Intel Foundry, the investment represents approximately 30% of Intel's planned $17 billion capital expenditure for 2026. Fab 34, which opened in 2023, is Intel's high-volume manufacturing site in Europe for Intel 4 and Intel 3 chips, and currently supports both Intel's own products and customers of its contract manufacturing business.