{"id":547461,"date":"2026-07-13T13:34:08","date_gmt":"2026-07-13T13:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/547461\/"},"modified":"2026-07-13T13:34:08","modified_gmt":"2026-07-13T13:34:08","slug":"hundreds-of-new-intel-jobs-for-leixlip-in-e5bn-investment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/547461\/","title":{"rendered":"Hundreds of new Intel jobs for Leixlip in \u20ac5bn investment"},"content":{"rendered":"<p>Computer chip maker Intel is to invest \u20ac5 billion in its plant in Leixlip, Co Kildare to expand its manufacturing output.<\/p>\n<p>The company said it will create several hundred new jobs at its Irish base, as well as thousands of construction jobs.<\/p>\n<p>Intel currently employs 4,900 people in Ireland.<\/p>\n<p>The investment will not involve the building of new manufacturing plants but rather the upgrading of existing fabrication facilities and the installation of new equipment.<\/p>\n<p>Intel said that global demand for artificial intelligence and high-performance computing is driving the need for its expansion in Ireland.<\/p>\n<p>The \u20ac5 billion expansion programme started earlier this year and is expected to be completed by the end of next year.<\/p>\n<p alt=\"Intel to invest \u20ac5 billion in Leixlip plant\" class=\"tpe\" data-description=\"\" data-embed=\"rte-player\" data-id=\"22629332\" data-ot-category=\"C0004\" data-title=\"\" id=\"22629332\">We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.<a class=\"blocked-button\" href=\"https:\/\/www.rte.ie\/news\/business\/2026\/0713\/1583104-new-intel-leixlip-jobs\/javascript:void(0);\" onclick=\"OneTrust.ToggleInfoDisplay()\" rel=\"nofollow noopener\" target=\"_blank\">Manage Preferences<\/a><\/p>\n<p>&#8220;This \u20ac5 billion investment represents a definitive commitment to maximize capacity at our Leixlip campus and increase what we can deliver to Intel Foundry customers,&#8221; said Naga Chandrasekaran, Executive Vice President, Chief Technology and Operations Officer and General Manager of Intel Foundry.<\/p>\n<p>&#8220;By investing in our existing fabs with state-of-the-art technology and installing cutting-edge tools, we are not just increasing output of critical products like Xeon 6 and next gen Intel Xeon processors built on Intel 3, we are ensuring that Ireland remains at the forefront of the world&#8217;s most advanced manufacturing ecosystems, while strengthening the region\u2019s role in the global technology landscape,&#8221; Mr Chandrasekaran said.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/001ff13b-614.jpg\"\/><br \/>\nIntel has invested over \u20ac30 billion in Ireland since 1989<\/p>\n<p>Welcoming the announcement, Taoiseach Miche\u00e1l Martin said Intel&#8217;s latest multi-billion-euro investment in Leixlip is a powerful vote of confidence in Ireland.<\/p>\n<p>&#8220;At a time of rapid technological change and global competition, this expansion strengthens Ireland\u2019s role in securing resilient semiconductor supply chains and reinforces our ambition to remain a global leader in innovation, productivity and sustainable economic growth,&#8221; Mr Martin said.<\/p>\n<p>Intel has invested more than \u20ac30 billion in Ireland since establishing operations in 1989.<\/p>\n<p>&#8220;This project demonstrates the value of Ireland&#8217;s skilled workforce, innovation ecosystem and stable business environment, while reinforcing Ireland&#8217;s leadership in advanced semiconductor manufacturing, supporting both European competitiveness and resilient global supply chains,&#8221; said IDA Ireland CEO Michael Lohan.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/0022627a-614.jpg\"\/><\/p>\n<p>Job cuts last year<\/p>\n<p>In June last year Intel informed the Government that up to 195 staff could face compulsory redundancy at its plant in Leixlip.<\/p>\n<p>It followed the announcement of a 20% cut to its global workforce.<\/p>\n<p>Intel had been struggling after being left behind by rivals in the development of AI chips and the company has undergone a major turnaround over the last year.<\/p>\n<p>In August 2025, the US government announced that it was taking a 10% stake in Intel.<\/p>\n<p>In the months that followed, major investments and deals were announced involving companies such as Nvidia, Apple and Tesla.<\/p>\n<p>It has helped Intel to tap into the AI boom amid renewed demand for its central processing units (CPU) and data centre products.<\/p>\n<p>In April, Intel announced that it is to repurchase a 49% stake in a joint venture linked to its &#8220;Fab 34&#8221; manufacturing facility in Leixlip.<\/p>\n<p>Intel announced the sale of the stake to Apollo Global Management in June 2024 for $11.2 billion.<\/p>\n<p>The company said it has reached a deal to repurchase the 49% equity interest in the joint venture for $14.2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Computer chip maker Intel is to invest \u20ac5 billion in its plant in Leixlip, Co Kildare to expand&hellip;\n","protected":false},"author":2,"featured_media":547462,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-547461","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/547461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=547461"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/547461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/547462"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=547461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=547461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=547461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}