Apparently well-informed sources have reported to Reuters that, as far as Italy is concerned, the Rome government would be ready to finance up to 40% Intel's total investment in the Bel Paese, which should increase compared to the initial 5 billion dollars. Negotiations are now well under way, but at the moment the precise point where the installation will be built has not yet been defined, although two possible sites have been identified in Piedmont and Veneto.
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Intel is not the only company in negotiations with the Italian government. In fact, there are also the Italian French STMicroelectronics, the Taiwanese TSMC and MEMC Electronic Materials Inc., as well as the Israeli Tower Semiconductor.