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US Semiconductor Giant Rejects Major German Deal, EU Gives $39 Billion Using Russian Assets
9 months ago
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Politics
Semiconductor
Germany
EUBudget
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US Semiconductor Giant Rejects Major German Deal, EU Gives $39 Billion Using Russian Assets
While the EU dreams of becoming a semiconductor hub, the US giant, Intel, just wrecked their plans. They have put their German chip plant on freeze because manufacturing there is just impossible. Meanwhile, the EU just extracted $35 billion to Ukraine from the frozen Russian assets. This is very risky for the EU financial system.
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