German economy minister: Intel decision purely a business one-September 2024-www.financetom.com

German economy minister: Intel decision purely a business one

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German economy minister: Intel decision purely a business one

Sep 17, 2024 1:16 AM

BERLIN, Sept 17 (Reuters) - German Economy Minister

Robert Habeck said the decision by U.S. chipmaker Intel ( INTC )

to pause construction at its plants in eastern Germany for two

years was purely a business decision.

"This is now a purely business decision that has to do with

corporate policy," said Habeck on Tuesday, adding that Germany

was still committed to building up semiconductor production in

Europe.

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