Intel received €30 million from Ireland to offset higher EU power bills — Ireland and Intel continue a tight partnership in chip fabs

Intel received €30 million from Ireland in an aid package to offset rising EU power bills in 2023, new data shows, in an expansion of Ireland’s tax credits and grants extended the same year to Intel. 

Intel received €30 million from Ireland in an aid package to offset rising EU power bills in 2023, new data shows, in an expansion of Ireland’s tax credits and grants extended the same year to Intel.