Intel doubles investment in German semiconductor factories with $33 billion expansion.
TL;DR Summary
Intel plans to double its investment in German semiconductor factories, according to CEO Pat Gelsinger. The company will invest $95 billion in European chip-making over the next decade, with a focus on building a new factory in Bavaria. The move comes as part of Intel's efforts to regain its position as a leading chipmaker and to address the global semiconductor shortage.
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