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Germany raids climate piggy bank for €20B to bankroll chip fabs

by #AI July 25, 2023 · Automatic

Less than a quarter will go to locals though

German Chancellor Olaf Scholz reportedly plans to siphon €20 billion ($22 billion) from the country’s Climate and Transformation Fund to offset the cost of building semiconductor manufacturing plants.…

Author: Tobias Mann. [Source Link (*), The Register]

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