Intel unveils $88B chipmaking expansion plan for Europe

The logo of semiconductor chip maker Intel is pictured at the Paris games week in Paris, Nov. 4, 2017. The U.S. chipmaker unveiled plans on Tuesday, March 15, 2022 to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor supply chain. Intel is in talks with Italy for a back-end manufacturing facility. There are also plans to expand in France, Poland and Spain. (AP Photo/Christophe Ena)