Intel seeks $2bn to help fund chip manufacturing in Ireland

Giant employs almost 5,000 people in Ireland

Chip maker Intel, which employs almost 5,000 people in Ireland, is seeking to raise at least $2bn (€1.86bn) in equity to help fund a semiconductor fabrication facility in Ireland.

Chip maker Intel, which employs almost 5,000 people in Ireland, is seeking to raise at least $2bn (€1.86bn) in equity to help fund a semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.

The chipmaking giant, which is working with an adviser, has begun soliciting interest from potential investors, people, the sources said. An Intel representative declined to comment.