Taoiseach Leo Varadkar opens the new Fab facility at Intel

The video discusses the opening of Intel's Fab 34 in Ireland, highlighting its significance to the country's economy and Europe's strategic autonomy in semiconductor manufacturing. It details the €17 billion investment, job creation, and the facility's status as the most advanced in Europe. The video also addresses recent job losses in the tech sector, emphasizing the need to view these changes in context given the global market shifts and increased investment costs.

What is one of the strategic objectives for the European Union regarding computer chip manufacturing?

• To increase dependency on other parts of the world

• To outsource chip production to Asia

• To manufacture more chips within the EU

• To reduce the number of chips produced

How much did the Fab 34 project cost?

• €17 billion

• €20 billion

• €5 billion

• €10 billion

How many construction workers were employed for the Fab 34 project since 2019?

• 5000

• 3000

• 2000

• 7000

What percentage reduction in tech jobs was observed in Ireland this year?

• 8%

• 2%

• 10%

• 5%

What is the medium-term outlook for tech companies in Ireland?

• Uncertain

• Very positive

• Neutral

• Negative