Jun 19, 2023 /SemiMedia/ -- According to Bloomberg News, Intel announced on June 16 that it will invest $4.6 billion in western Poland to build a semiconductor packaging and testing plant. This is another investment by Intel in the EU region after Germany, which reflects the EU's intention to increase the scale of local chip production amidst geopolitical tensions.

In the context of the European Chips Act, Polish Prime Minister Mateusz Morawiecki has announced that about $4.9 billion will be allocated to the Intel Poland factory project.

"Through our investments in Poland and the rest of the EU, we are excited to play a key role in building more resilient supply chains," said Intel CEO Pat Gelsinger.