Friday, 24 March, 2023

Intel Seeks Additional $5 billion in German Subsidies for Chip Plant

<p>Intel has reportedly requested an additional $5 billion in subsidies from the German government to build a new semiconductor manufacturing facility. The company had already received a $2.4 billion grant from the German government last year, and the new request is said to be due to the higher costs of building and operating the facility. The proposed plant is expected to create thousands of jobs and boost Germany&#39;s position in the global tech industry.</p>