
Reports indicate that Intel has been asking for about €10 billion in increased government support to build its massive fabrication plant in Magdeburg, Germany. However, it seems as if the chipmaker will have to settle with the €6.8 billion it's already due to receive.
In an interview, Germany's finance minister Christian Lindner told the Financial Times that he is against the increased funding. "There is no more money available in the budget,” says Lindner. The nation is "trying to consolidate the budget right now, not expand it.”