Germany Wants More Chip Makers, but They Won’t Come Cheap
Intel, the Silicon Valley chip-making giant, paved the way last year when it picked the eastern German city of Magdeburg as the site for its first semiconductor factory in Europe, pledging to invest 17 billion euros (about $18.3 billion) — provided that Berlin throw in nearly €7 billion in subsidies.Wolfspeed, a North Carolina-based maker of silicon carbide chips used in electric cars, decided last month that southwestern Germany would be […]