Intel is a U.S.based Intel micro processor business – is a public company trading on the NASDAQ exchange. Intel decided in 1989 to build its European manufacturing operations in Leixlip, County Kildare, and formed Intel Ireland to be the holding company. The manufacturing plant manufactured its first chip in 1993. To base its European operations in Ireland, Intel received over IRE £87m in grants from IDA Ireland. Intel Ireland also operates a research facility (Intel Shannon)in Shannon, County Clare which employs approximately 250 people. Intel Ireland has approximately 4,500 employees working at its Leixlip campus and as such it has been a major contributor to the performance of the Irish economy. Construction of the Fab 24 manufacturing plant in the 2000s signified its continuing commitment to developing its Irish operations. In all, Intel\'s investment in Ireland has been €6 billion.
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