Saxony-Anhalt Embraces Change as an Opportunity: Billions Invested in Key Transformation Industries
MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg. Approximately 30 billion euros are set to be invested in the construction of multiple chip factories. The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce. Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.
- MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg.
- Approximately 30 billion euros are set to be invested in the construction of multiple chip factories.
- The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce.
- Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.