FILE PHOTO: Visitors are seen at Intel’s booth during the China Digital Entertainment Expo and Expo, also known as ChinaJoy, in Shanghai, China July 30, 2021. Photo taken July 30, 2021. REUTERS / Aly Song
February 26, 2022
BERLIN (Reuters) – Intel has selected a site in the eastern German city of Magdeburg to build a new multi-billion-euro chip factory in Europe and will announce its decision on March 4, a person familiar with the matter told Reuters.
In September, the company said it could invest up to $95 billion in Europe over the next decade and announced the locations of two major new chip factories in Europe by the end of 2021, but gave no details. which newspaper is published.
Germany tops the list of potential candidates with local governments Penzing in Bavaria, Magdeburg and Dresden in eastern Germany trying to attract the American company.
(Reporting by Riham Alkousaa; Editing by Sabine Wollrab and Mark Potter)
https://www.oann.com/intel-picks-magdeburg-germany-for-new-european-chip-factory/?utm_source=rss&utm_medium=rss&utm_campaign=intel-picks-magdeburg-germany-for-new-european-chip-factory Intel chooses Magdeburg, Germany for new chip factory in Europe