2min chapter

Bloomberg Daybreak: Europe Edition cover image

Mark Carney Considers Succeeding Trudeau, Soaring UK Debt Costs & Germany Chips Dream Fades

Bloomberg Daybreak: Europe Edition

CHAPTER

Germany's Chip Superpower Dream Derails

This chapter examines the cancellation of Intel's major investment in Eastern Germany, highlighting the implications for Chancellor Olaf Scholz's economic strategy. It raises concerns about Germany's aspirations to become a chip superpower and its potential impact on the nation's economic future.

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