Intel was awarded €30 million by Ireland last year as part of a state aid package for companies affected by energy price increases.
Ireland was cleared to implement a €1.22 billion scheme to support companies impacted by economic uncertainty following the Russian invasion of Ukraine. A €100 million State Aid scheme to support the microelectronics manufacturing sector was also approved, and this is where the €30 million Intel funding came from.
Intel has had a presence in Ireland for over 30 years and claims to have invested more than €30 billion during that time.at its manufacturing facility at Leixlip, and claimed it had spent €17 billion on doubling the available manufacturing space at the site over the past several years.
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