It is reported that Intel originally planned to build a large chip factory in Magdeburg, an eastern German city. However, due to the continued outbreak of energy crisis in Europe and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this p

2025/10/0720:18:36 finance 1167

It is reported that Intel originally planned to build a large chip factory in Magdeburg, an eastern German city. However, due to the continued outbreak of energy crisis in Europe and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this p - DayDayNews

It is reported that Intel originally planned to build a large chip factory in the eastern German city of Magdeburg . However, due to the continued energy crisis in Europe, and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this plan.

As of December 19, Intel Corporation said that it is actively discussing factory construction plans with the local government, striving to subsidize the funding gap for the project by Germany.

It is reported that Intel originally planned to build a large chip factory in Magdeburg, an eastern German city. However, due to the continued outbreak of energy crisis in Europe and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this p - DayDayNews

It is understood that in February this year, EU announced the long-prepared European Chip Act, which announced that the EU will use more than 43 billion (euros) of funds to support chip -related projects and strive to support the construction of large chip manufacturers.

In the bill, the EU also proposed the goal of increasing chip production in Europe from accounting for global share 10% to 30% by .

It is reported that Intel originally planned to build a large chip factory in Magdeburg, an eastern German city. However, due to the continued outbreak of energy crisis in Europe and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this p - DayDayNews

However, with the high global inflation and the high energy prices, Europe's ambition of semiconductor plans this time may "all efforts have been wasted"?

Some industry insiders revealed that the reason why the development of the European semiconductor industry is difficult may be related to the continued global economy of and the slowdown in chip demand. Against the backdrop of high inflation, the semiconductor industry is also facing huge challenges, and chip manufacturing companies need to reduce their spending in preparation for surviving the economic downturn.

It is reported that Intel originally planned to build a large chip factory in Magdeburg, an eastern German city. However, due to the continued outbreak of energy crisis in Europe and the sharp rise in prices of raw materials related to chip manufacturing, Intel may abandon this p - DayDayNews

American Semiconductor Industry Association (SIA) pointed out that the global semiconductor sales growth rate has slowed significantly in the second half of this year.

Overall, the European semiconductor industry will face various challenges if it wants to develop. Due to the geopolitical problem and the decline in semiconductor demand, Intel's project plan in Europe has not yet given a clear start date, and the specific results have to be waited for negotiation with the local German region.

text | Shen Jiahong's title | Huang Zixin review | Zeng Yi

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