Intel spends $48 billion in Germany in landmark expansion

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To develop two chip-making plants.

Intel spends $48 billion in Germany in landmark expansion
Intel will spend more than 30 billion euros ($48 billion) to develop two chip-making plants in Magdeburg as part of its expansion push in Europe, a deal Chancellor Olaf Scholz hailed as Germany's biggest ever foreign investment. Berlin has agreed subsidies worth nearly 10 billion euros with ...

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