German Chancellor Olaf Scholz, right, and Intel CEO Pat Gelsinger attend the signing ceremony of an agreement between the German government and the company at the Chancellery in Berlin, Germany, Monday, June 19, 2023. (AP Photo/Markus Schreiber)
June 19, 2023
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June 19, 2023 midnight
Intel to build $33-billion chip plant in Germany
Intel acquired the land for two semiconductor facilities in Magdeburg in November. It says the first one is expected to start production in four or five years.