• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-12-17/intel-delays-german-chip-plant-and-wants-more-funds-report" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Intel</a> will delay construction of its planned German semiconductor plant and is seeking more in government subsidies, Volksstimme reported, after the planned cost of the mega site rose from €17 billion to €20 billion. Construction of the plant in Magdeburg was set to begin by mid-2023, with the government planning to provide €6.8 billion in state aid.<img src="https://images.aposto.com/2022/11/0/1671390121728.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.34" width="550" alt="Intel plant" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">Intel<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Furthermore: While the US-based chipmaker has not made any official announcements about a delay, it said in a statement Saturday "geopolitical challenges have become greater, semiconductor demand has declined, and inflation and recession are disrupting the global economy," adding that it is monitoring the situation.</li></ul>

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