Intel spends $33 billion in Germany in landmark expansion - Yahoo Finance

TL;DR

By Friederike Heine, Supantha Mukherjee and Andreas RinkeBerlin has agreed subsidies worth nearly 10 billion euros with the U. ATTRACTIVE LOCATION"The size of Intel's reaffirmed and increased commitment to its expansion in Magdeburg speaks louder than words about Germany's appeal as a high-tech business location," said Robert Hermann, CEO of government agency Germany Trade & Invest. Gelsinger had told Reuters on Friday that the gap between what Germany had offered in subsidies and what Intel needed was too big but said he expected to reach an agreement, adding that his request was to be cost competitive

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