Intel spends $33 billion in Germany in landmark expansion
BERLIN/STOCKHOLM, June 19 (Reuters) - Intel (INTC.O) will spend more than 30 billion euros ($33 billion) to develop two chip-making plants in Magdeburg as part of its expansion push in Europe, a...
Intel's German fab will be most advanced in the world and make …
Jan 18, 2024 · Intel's fab near Magdeburg, Germany, will not only be the most advanced semiconductor production facility in Europe, but, according to CEO Pat Gelsinger, the most advanced fab in the world when...
Intel, German Government Agree on Increased Scope for Wafer...
Jun 19, 2023 · Agreement accounts for Intel’s expanded investment to build two leading-edge semiconductor facilities in Germany. Officials representing German and Intel Corporation signed a revised letter of intent for Intel's planned wafer fabrication site in Magdeburg, Germany.
Intel to build $33-billion chip plant in Germany after government ...
Jun 19, 2023 · Intel and the German government signed a deal Monday that will see the U.S. company spend more than $32.8 billion to build a chip manufacturing plant in the eastern city of Magdeburg, after...
Intel to double its investment in German semiconductor factories
Jun 19, 2023 · Intel is to ramp up its investment in two new semiconductor plants in eastern Germany from €17bn to €30bn in exchange for higher government subsidies for the project, the company said Monday.
Intel to build $33-billion chip plant in Germany after government ...
Jun 19, 2023 · Intel and the German government have signed a deal that will see the U.S. company spend more than 30 billion euros ($32.8 billion) to build a chip manufacturing site in the eastern city of Magdeburg, after Germany pledged to cover a third of the investment required.
Germany's Scholz says Intel committed to German site despite …
Sep 17, 2024 · German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker saying that it is delaying construction by two...
Germany pushes Intel to spend more on €17bn chip plant - Financial Times
Apr 13, 2023 · Germany is pushing Intel to expand its plans for a landmark €17bn chip plant in exchange for higher subsidies, in what is already set to be the country’s largest foreign direct investment since...
Intel to build €30 billion chip plant in Germany | Euronews
Jun 20, 2023 · Intel and the German government signed a deal Monday that will see the US company spend more than €30 billion to build a chip manufacturing site in the eastern city of Magdeburg after Germany...
Intel Plans Investments in Europe
Jun 16, 2023 · Intel has announced plans for an initial investment of more than 33 billion euros to build a leading-edge semiconductor fab mega-site in Germany, to establish a new research and development (R&D) and design hub in France, and to expand capacities in R&D, manufacturing, foundry services and back-end production in Ireland, Italy, Poland and Spain.
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