Intel CEO: Decides new chip factory by year end, not sure if it will be in Italy – press

MILAN: Intel CEO Pat Gelsinger told Italian daily Corriere della Sera on Friday that Italy is just one of many countries being considered to host a new chip factory, with a decision to be made by the end of the year must be taken.

At her year-end press conference in December, Italian Prime Minister Giorgia Meloni said she viewed an investment from Intel in Italy as highly strategic and would schedule a meeting with the company to explore ways to make it happen.

(Alessia Pe, edited by Gavin Jones)