23rd April 2025
The Minister for Enterprise, Tourism and Employment, Peter Burke said:
"I continue to engage with Intel, supported by colleagues in IDA Ireland, ahead of the company’s Q1 financial results being announced tomorrow night. We have a very strong relationship with management in Intel, both in Ireland and the US, with the company investing significantly here over the last 35 years, most recently opening Fab 34 in 2023 with an investment of €17 billion.
"Ireland continues to play an important role in Intel's plans as the European hub for manufacturing semiconductors, and we don’t see speculation around headcount reduction changing this. We continue to partner with Intel in areas of research and innovation and our upcoming National Semiconductor Strategy launch will further enhance this important sector. I appreciate speculation is very difficult for staff in Leixlip, and we will continue our engagement with management over the coming weeks and months."
ENDS
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