Intel, Italy in talks over €4b chip plant

October 29, 2021

Intel (INTC) is in talks with Italy's government to build a multibillion-euro semiconductor plant in the country, even as Germany has emerged as a front-runner for a planned company "megafab" plant, Reuters reports.

Intel has eyed building more state-of-the-art capacity in Europe to help avoid future chip supply shortages.

And Italy is in discussions with the chipmaker on an investment that would be worth €4 billion to as much as €8 billion depending on Intel 's plans ($4.66 billion-$9.3 billion).

Part of that investment would come from public money, and Rome is ready to offer favorable terms on labor and energy costs, Reuters says.

A bigger project seems to be headed for Germany, where Dresden has emerged as a leading site for a "megafab" even as France stays in the running. Talks could speed up after a new government is formed in Germany following September elections.

Over the current book year the total revenue will be 73.5 billion USD (consensus estimates). This is slightly lower than 2021's revenue of 77.87 billion USD.

Historical revenues and results Intel plus estimates 2021

The analysts expect for 2021 a net profit of 21.62 billion USD. For this year most of the analysts expect a profit per share of 5.29 USD. The price/earnings-ratio therefore equals 9.09.

Per share the analysts expect a dividend of 1.39 USD per share. The dividend yield is then 2.89 percent. The average dividend yield of the semiconductor companies equals a low 1.12 percent.

Based on the current number of shares Intel 's market capitalization equals 206.26 billion USD. 12

At 21.47 the stock trades 2.15 percent higher at 48.08 USD.

Historical stock prices Intel

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