News Intel Germany Mega Site Gets €6.8bn in European Chips Act Funding

[Admin]

Intel's Magdeburg, Germany mega site will have two fabs producing Intel 20A and better chips for Intel and its Foundry Services customers. It is expected to be fully operational by 2027.

Intel Germany Mega Site Gets €6.8bn in European Chips Act Funding : Read more

 

[ezst036]

Yay!

Everybody hates kickbacks and targeted deals for corporations formulated in smoke filled rooms until their preferred special interest receives a junket. Then all principles go out the window as we watch the collusion of corporation and government. It's a great idea, you know? Corporations and government getting into bed all cozy like.

Intel has plenty of billions. They didn't need a bailout.