Intel to get German fab subsidies worth $7.3bn

Intel will receive $7.3 billion in subsidies representing 40% of the $19 billion cost of  building two fabs in Magdeburg, Germany. Construction is scheduled to start next year with first silicon planned for 2027. Intel is also building two fabs in Chandler, Arizona costing $20 billion and plans to build two fabs in Columbus, Ohio at ...

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