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Italy committed to secure Intel investment over chip factory, minister says

Reuters
Updated ·1-min read
Italian PM Meloni and deputy PM Tajani attend a swearing-in ceremony at the Quirinale Palace, in Rome

MILAN (Reuters) - Italy's government is determined to secure an investment by Intel to build a chip factory in the country, the economy minister said on Wednesday.

"Unfortunately, or luckily, we have had a change in the government: things have worldwide changed as regarding costs, but we are still committed", Minister Giancarlo Giorgetti said on the sidelines of a parliamentary audition.

In her end-of-year news conference in December, Prime Minister Giorgia Meloni said she considered Intel's investment as highly strategic and would schedule a meeting with the company to explore ways to facilitate it.

(Giuseppe Fonte, writing by Alessia Pé, editing by Gianluca Semeraro)