TECH - Intel At Risk Of Losing Billions In Subsidies For German Chip Plant Following Court Ruling: Report | Benzinga
Last week's adverse court decision regarding German finances might lead to Intel Corp (NASDAQ: INTC) losing billions of euros in subsidies for its proposed chip-making facilities in Saxony-Anhalt, Reuters reported, citing the state's economy minister.
Berlin had initially agreed to subsidies close to 10 billion euros with the U.S. chipmaker.
Sven Schulze, Saxony-Anhalt's economy minister, expressed concerns ...