Wooing Intel, Italy plans $4.6 billion fund to boost chipmaking

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Italy plans to set aside $4.6 billion until 2030 to boost domestic chip manufacturing.

It also seeks to attract more investment from tech companies such as Intel.

The government is trying to persuade the U.S. group to spend billions of euros on an advanced chipmaking plant in Italy that uses innovative technologies to weave full chips.

– Reuters

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