https://wccftech.com/intel-ceo-repeats-statements-on-plans-for-94-billion-chip-manufacturing-developments-located-in-europe/ > Intel's new CEO: Pat Gelsinger > Pat Gelsinger, Intel CEO, repeated statements about Intel's plans to create a $93 billion semiconductor manufacturing section, located in Europe. The plan will be in development for upwards of ten years. This information was reiterated during his talks at the IAA Mobility Auto Show, located in Munich, Germany.