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Intel in Magdeburg: Habeck’s controversial billions

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Published: June 27th, 2023,
Last updated: May 30th, 2025

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It is the largest investment ever made by the semiconductor industry in Germany. Intel’s chip factory in Magdeburg is to cost a total of €33 billion. €9.9 billion of this is to flow in the form of a subsidy. The aim of the operation from a German and European perspective: to secure essential parts of the supply chain.

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