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Intel’s plans are key to the EU’s ambition to reshore parts of the global production of advanced microchips. The chipmaker first unveiled plans for a production factory (or “fab”) in Germany in March 2021. It was in lengthy discussions with the German government about a support package in past years.<\/p>\n
Germany has increased its contribution to the project to around \u20ac10 billion due to spiking energy prices and general inflation. Late last year, the government had to find a new source for the money after a court struck down <\/a>plans to repurpose a massive pandemic-era fund. <\/p>\n Schulze’s remarks show that these discussions have now concluded.<\/p>\n Germany’s Economy Minister didn’t respond to a request for comment. Intel declined to comment. <\/p>\n Commission spokesperson Lea Zuber said that the “Commission is in close contacts with the German authorities on possible support to Intel,” but that it couldn’t comment on outcome or timing. <\/p>\n The EU wants to increase its stake in the global chips value chain to 20 percent by 2030, from around 10 percent today. <\/p>\n To get there, EU legislators passed the EU Chips Act<\/a> in 2023. The law defined “first of a kind” factories, making them eligible for more state support. Germany was one of the main beneficiaries of the new funding instrument. Taiwan’s TSMC is also developing plans for a factory in Dresden. <\/p>\n<\/div>\n