Intel will invest nearly $90 billion in Europe's chipmaking industry

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Intel plans to invest up to €80 billion ($89 billion) over the next decade to build up Europe's supply chain for semiconductor chips

London Intel plans to invest up to €80 billion over the next decade to build up Europe's supply chain for semiconductor chips.

The tech giant said on Tuesday that it will spend an initial €17 billion to create two new chip factories in Germany. Construction on the site in northeastern city of Magdeburg — which it will name"Silicon Junction" — is expected to begin next year and start operations in 2027. "This broad initiative will boost Europe's R&D innovation and bring leading-edge manufacturing to the region," Intel's CEO Pat Gelsinger said in a press release.

 

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Plus, remove any production in China that even remotely effects US security & military production. China's government subsidizing of steel production to under cut US steel production was strategic not economic. China is an enemy not just an economic competitor. Wake up!

کنید

Hopefully without ME engine :)

Demand the deportation of all assistants of the fascist putin. Please retweet StopRussianAggression StopPutin

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