Crisis at Intel: Does the Chipfabrik in Magdeburg threaten to fail?

Von Kl Redaktion

The future of the planned Chipplic of Intel in Magdeburg is on the brink. Insider information indicates that the ambitious project, which should be promoted with billions in subsidies of the traffic light coalition, could now fall victim to the drastic savings package of the US group. At an upcoming meeting of the board of directors, the CEO Pat Gelsinger will present precise details for the renovation of the company.

In particular, reducing investments could be crucial for the fate of the 30 billion euro “Megafab”. While the plans for the construction of the Chipfabriken near Magdeburg are slowly progressing, Intel is also forced to check several business areas to restructure and set up the company more efficiently. The situation seems tense because trust in the feasible progress also threatens to collapse.

drastic measures for renovation

The Intel savings package contains a number of profound measures, including a possible reduction in investments in new projects. This could have drastic effects on the Magdeburg Chipfabrik, which was intended as part of a long -term strategy to increase the company's production capacities in Europe. The complex location is tightened by the targeted hiring of the investment banks Morgan Stanley and Goldman Sachs to support the possible sale of corporate areas. The focus is in particular on the Altera division, which was acquired in 2015 for $ 16.7 billion.

Intel, once a pioneer in chipport, has increasingly lost the race for the best chips for artificial intelligence (AI) and other arithmetic applications in recent years. The trend towards more AI applications has raised the demand for powerful chips. While competitors like AMD secure market shares, Intel has announced that it would have to save more than $ ten billion and plans to delete every sixth place in the company.

market challenges and strategic decisions

The deficit of Intel in the development of competitive chips has also contributed to uncertainty about the need for investments in new projects such as the Chipfabrik in Magdeburg. The challenges in the market are significant, not least due to the competitive pressure of companies such as Nvidia, which specialize in high-performance chips for AI applications. This not only leads to internal rethinking, but also a strategic re -evaluation of the previous corporate goals.

The possibility of splitting up in Intel, which has recently been speculated, is not currently part of the renovation concept, but the company is open to all options. Intel has already reorganized internal structures to clearly separate business areas and to ensure that business secrets do not get into the hands of potential buyers. A concrete interest could already exist on the part of the semiconductor company Marvell, which might be interested in a takeover.

With the upcoming meeting of the Board of Directors, it will be shown whether the plans for the Mega-Chipfabrik in Magdeburg will be pursued or whether the real financial bottlenecks of Intel bring the entire strategy to a standstill. The development will not only be important for Intel itself, but also for the European semiconductor industry.