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American company Intel announced an investment of $5.7 billion in Ireland to upgrade its campus in the Xilinx area outside Dublin and increase its production capacity in Europe. The goal is to meet the growing global demand for artificial intelligence technologies and high-performance computing. The new equipment will assist in the production of the next generation of Intel Xeon processors using Intel 3 technology, and will create hundreds of jobs, with a focus on enhancing research, development, and retraining. This investment is part of Intel's strategy to expand its manufacturing capabilities in Europe and reflects confidence in Ireland's position as a leading hub for the semiconductor industry.
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