© Reuters. FILE PHOTO: Guests are seen on the Intel sales space throughout the China Digital Leisure Expo and Convention, also called ChinaJoy, in Shanghai, China July 30, 2021. Image taken July 30, 2021. REUTERS/Aly Tune
BERLIN (Reuters) – Intel (NASDAQ:) has chosen a location within the east German metropolis of Magdeburg to construct a multibillion-euro new chip manufacturing unit in Europe and can make the choice public on March 4, an individual acquainted with matter instructed Reuters.
The corporate mentioned in September it might make investments as a lot as $95 billion in Europe over the following decade and announce the places of two main new European chip fabrication crops by the tip of 2021, however no announcement has been made.
Germany was prime of the checklist of potential candidates with the native governments of Penzing in Bavaria and Magdeburg and Dresden in japanese Germany attempting to tempt the U.S. firm.
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