The German government plans new chip subsidies, sources say about €2B, two months after Intel shelved plans to build a €30B factory in Magdeburg (Christina Kyriasoglou/Bloomberg)

Christina Kyriasoglou / Bloomberg:
The German government plans new chip subsidies, sources say about €2B, two months after Intel shelved plans to build a €30B factory in Magdeburg  —  – Part of a push to build chip supply resilience in Europe  — Intel recently delayed a €30 billion chip factory in Magdeburg