Description: Intel announced Tuesday that it plans to invest over 33 billion euros ($36 billion) into boosting chipmaking across the European Union as the bloc looks to become more self-reliant when it comes to semiconductors.

Source: CNBC.com – video report

Date: Mar 15, 2022

Link: https://www.cnbc.com/2022/03/15/intel-commits-36-billion-to-making-chips-in-europe.html

Questions for discussion:

• What is the significance of this announcement?
• What does it mean for Intel and Intel investors in particular?