Germany: Intel delays construction of Magdeburg factory DW 09/17/2024
Briefly

Intel CEO Pat Gelsinger announced that the construction of a chip factory in Magdeburg will be delayed by approximately two years due to cost-saving measures and anticipated market demand.
Finance Minister Christian Lindner emphasized the importance of rerouting funds originally earmarked for Intel to address a federal budget gap of €12 billion, calling it a responsible policy.
Read at www.dw.com
[
|
]