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Intel Postpones Magdeburg Fab Construction to 2025 Due to Soil Concerns
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Intel Postpones Magdeburg Fab Construction to 2025 Due to Soil Concerns
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30th May 2024, 07:06
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 152,436
 |  Intel Postpones Magdeburg Fab Construction to 2025 Due to Soil Concerns According to the report from Volksstimme.de, Intel has delayed its Magdeburg fab construction until 2025 due to difficulties in acquiring suitable land. The company had initially planned to begin construction in 2024, but the process has been slowed significantly due to the availability of suitable land. The Magdeburg plant is a significant investment for Intel, with the company planning to invest around €30 billion in the facility. The plant is expected to create thousands of jobs and play a crucial role in the company's European expansion plans. However, the delay in construction is likely to impact these plans and may result in a longer timeline for the plant's completion. https://www.techpowerup.com/322926/i...-soil-concerns |
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