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Intel Cancels Multi-Billion Euro Chip Factory in Germany

US technology giant Intel said will not move ahead with a controversial €30 billion chip factory in the German city of Magdeburg, as part of a new cost-cutting…

21 Articles

Center

The reactions of politicians, trade unions and economists to the end for the Intel factory in Magdeburg are mixed. While some speak of a setback, others welcome the rejection.

·Hamburg, Germany
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Lean Right

CSU calls for committee of inquiry after the rejection of billions of investment in Magdeburg. Habeck's industrial policy under criticism.

·Berlin, Germany
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Left

Now it is final: the US chip manufacturer Intel is not building a factory in Magdeburg. The left is complaining about an industrial-political waste heap – and is demanding democratic control for large-scale projects in the future.

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Lean Left

Intel wanted to produce chips on 400 hectares at Magdeburg – now there is a risk of a breach with newly built access roads. The city hopes for another large company as a user.

·Germany
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Left

Now it's official: the battered US corporation Intel will not build a new semiconductor site in Saxony-Anhalt. Kurt Stenger comments on what this means for the country's industrial policy.

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Bias Distribution

  • 57% of the sources lean Left
57% Left

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Sueddeutsche Zeitung broke the news in Munich, Germany on Thursday, July 24, 2025.
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