EU Chips Act Yields First Major Win: Intel Breaks Ground on €30B German Mega-Fab

Intel has officially begun construction on its largest European semiconductor plant in Magdeburg, Germany—a €30 billion facility backed by EU Chips Act subsidies. The site will produce 18A (1.8nm-class) chips starting in 2027, marking a pivotal step in Europe’s strategy to capture 20% of global semiconductor production by 2030.Intel has officially begun construction on its largest European semiconductor plant in Magdeburg, Germany—a €30 billion facility backed by EU Chips Act subsidies. The site will produce 18A (1.8nm-class) chips starting in 2027, marking a pivotal step in Europe’s strategy to capture 20% of global semiconductor production by 2030.Intel has officially begun construction on its largest European semiconductor plant in Magdeburg, Germany—a €30 billion facility backed by EU Chips Act subsidies. The site will produce 18A (1.8nm-class) chips starting in 2027, marking a pivotal step in Europe’s strategy to capture 20% of global semiconductor production by 2030.Intel has officially begun construction on its largest European semiconductor plant in Magdeburg, Germany—a €30 billion facility backed by EU Chips Act subsidies. The site will produce 18A (1.8nm-class) chips starting in 2027, marking a pivotal step in Europe’s strategy to capture 20% of global semiconductor production by 2030.