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German subsidy will pay for 40 percent of Intel’s new…

Local media (per The Sign-up) claim Intel will obtain six.eight billion euros ($7.fifteen billion) in subsidies to build a chopping-edge campus in Magdeburg. Intel announced the colossal project in March and pegged the initial cost at no considerably less than seventeen billion euros. The German subsidy will deal with around forty per cent of the overall price.

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