German Dream of Becoming a Global Chip Superpower Is Fading Fast

By Yahoo! Finance   |   2 months ago
German Dream of Becoming a Global Chip Superpower Is Fading Fast

Olaf Scholz's ambition to boost Germany's economy by attracting semiconductor giants like Intel has hit a roadblock. Despite efforts, Intel's €30 billion investment in Magdeburg has been paused, jeopardizing Germany's semiconductor hub dream and Europe's goal to increase global market share.

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