Monday, 19 June, 2023

Germany's Scholz to Hold Crucial Meeting with Intel CEO Regarding Chip Plant

Germany's Finance Minister Olaf Scholz is set to meet with Intel CEO Pat Gelsinger to discuss the ongoing negotiations concerning the establishment of a major chip manufacturing plant in Germany. The talks are described as intensive, highlighting the significance of the project for both parties. Germany is keen to secure the investment, which is expected to boost domestic chip production and strengthen the country's technological capabilities.