Intel’s building a new €17B cutting-edge chipmaking fab in Germany

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Intel has introduced will probably be constructing a model new, modern foundry in Magdeburg, Germany. The brand new facility will value €17 billion to assemble, however Intel hopes it’s going to massively enhance its means to ship on its next-gen course of nodes (Angstrom-era) in Europe and overseas.

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It is lengthy been assumed that Intel would decide Germany for its new European fab, however now we all know precisely what Intel has in thoughts. Intel’s constructing within the Saxony-Anhalt area of Germany, in a metropolis known as Magdeburg. Intel’s dubbed it the “Silicon Junction”, as a result of you have to have a nickname like that.

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