Germany's Ambitions to Become a Chip Superpower Are Dwindling

Reported 1 day ago

Germany's quest to establish itself as a leading semiconductor hub is faltering, highlighted by Intel's recent decision to pause a major €30 billion investment in chip production. Chancellor Olaf Scholz's vision is now under threat, exacerbated by the collapse of a coalition government and upcoming elections, as market dependency on microchips rises. While the EU aims to increase its semiconductor output substantially by 2030, current setbacks—including stalled projects and declining market shares—cast doubt on Germany's potential in this competitive global landscape.

Source: YAHOO

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