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Intel's postponement of the Magdeburg fab was made in "close coordination" with the German state -- the company will reevaluate the project in two years to decide its final fate

By Yahoo! Finance   |   1 month ago
Intel's postponement of the Magdeburg fab was made in "close coordination" with the German state -- the company will reevaluate the project in two years to decide its final fate

Intel and Saxony-Anhalt remain committed to the Magdeburg Fab project, despite construction delays due to Intel's financial issues. The company plans to reassess the project in a few years to align with market demand, continuing training programs and collaboration with local entities.

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