Electronics Weekly Electronics Design & Components Tech News
“There is no more money available in the budget,” the German finance minister Christian Lindner 
(pictured) told the FT, “we are trying to consolidate the budget right now, not expand it.”
Intel had planned to build a €17 billion fab complex but costs of energy and materials have now pushed that up to €20 billion. Originally Germany offered €6.8 billion in subsidies but Intel is now said to be asking for €10 billion
However, if Intel decides to increase the size of its investment, the size of the subsidies would also go up. “It’s logical that if the scale of the investment is increased, then the level of subsidy would also rise,” said Sven Schultze, the economy minister for Saxony-Anhalt
Intel’s reason for wanting more subsidy – as stated last March – was: “Disruptions in the global economy have resulted in increased costs, from construction materials to energy.” The Ukraine war is said to have increased Magdeburg electricity prices from 8 eurocents per kwh to 40 eurocents,
Intel had planned to build a cutting edge fab capable of running its 20A, 2nm process, starting in 2027.
It is the only EU fab project that is aiming at leading edge production – the ST-GloFo fab, the Wolfspeed and Bosch fabs and the proposed TSMC fab are all for trailing edge processes.
“water vapor absorbs 100x light {….compared to CO2}” is an interesting fact, which I can’t be bothered to check, because it’s irrelevant to climate change drivers. Greenhouse warming is driven by the upper atmosphere, where condensable gasses like water vapour are a miniscule proportion compared to non-condensable gasses like CO2 & methane. Like FE, I won’t give acreditation to expert sources, an ecosia.org search will easily find them if you’re inerested enough.
Green energy prices cause flight of capital. Carbon dioxide cannot influence climate. Atmospheric water vapor absorbs 100x light at the same frequency a carbon dioxide. Global warming is a hoax without evidence of a significant departure from the normal variation of climate. When scientists asked the climatologists for their original unmassaged data they said they lost the data. Global warming and green energy are a religion unfounded in facts. Religious economic suicide by global warming panic is like Jonestown suicide with poison Kool-Aid.
Yes, and cigarettes don’t cause cancer, fast food doesn’t make you overweight…