Intel is following up on its massive $11 billion investment in Israel with a second large manufacturing investment, this time in Leixlip, Ireland. The company has earmarked a €7 billion investment toward construction of a new fab in Leixlip, which will employ 1,600 people, and have a built-up area of 110,000 m².

This fab will sit alongside existing fabs that already employ over 4,500 staff. The company did not go into details of what the fab will manufacture.

The investment aligns with Intel's strategy of massive investments in manufacturing to increase its chip volumes as enterprises, small and medium businesses, and consumers at large look to upgrade their computers at the turn of the decade.

The company is already combating acute shortages of processors in the retail channel.