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US microchip maker seeks billions in EU state aid
By EUobserver
US microchip maker Intel wants €8 billion in state aid to make it "competitive" to build a new factory in Europe instead of Asia, its CEO, Pat Gelsinger, has told Politico. "We think of Germany as a good candidate," he added, in German newspaper Handelsblatt, after visiting Brussels and Berlin last weekend. "Europe will drastically increase [chip] production capacity," EU single-market commissioner Thierry Breton tweeted, after meeting Gelsinger Friday.