Intel announced a €5 billion ($5.7 billion) capital investment at its Leixlip campus in Ireland, aimed at expanding production capacity for Intel Xeon 6 and next-generation Intel Xeon processors built on its Intel 3 node.

According to a press release, the investment involves upgrading existing fabrication facilities and installing new manufacturing equipment. Key infrastructure work includes expanding the automated track system to connect separate campus modules into a unified production environment. Execution of the capital expenditure program began earlier this year.

The project is expected to involve specialized tradespeople in construction and equipment installation, alongside full-time positions at the campus, which currently employs 4,900 people.

Naga Chandrasekaran, Executive Vice President and Chief Technology and Operations Officer at Intel, said, "This €5 billion investment represents a definitive commitment to maximize capacity at our Leixlip campus and increase what we can deliver to Intel Foundry customers."

Intel has invested more than €30 billion in Ireland since establishing operations there in 1989. The Leixlip campus is described by the company as one of its most advanced manufacturing facilities.

IDA Ireland CEO Michael Lohan said the project "demonstrates the value of Ireland's skilled workforce, innovation ecosystem and stable business environment."