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The subsidies are contingent on Intel building a plant. Germany's finance minister is already eyeing those 11b to balance books, because it looks like they won'
by chmod775 2y ago
The subsidies are contingent on Intel building a plant. Germany's finance minister is already eyeing those 11b to balance books, because it looks like they won't be needed for now.
This stuff rarely takes the form of the government writing a cheque, especially not upfront.
- ckastner 2y agoFair point. I wonder whether there are any "outs". DE and PL subsidized because they want fabs ASAP; if Intel can't hold up their end, why not cancel the deal and go with TSMC or Samsung instead.