Skip to content
Magdeburg
Nation / PlaceDE

Magdeburg

German city where Intel cancelled a planned €30bn semiconductor megafab.

Last refreshed: 13 April 2026

Key Question

What happened to the €30bn chip factory that was supposed to anchor EU semiconductor ambitions?

Timeline for Magdeburg

View full timeline →
Common Questions
Why did Intel cancel the Magdeburg chip factory?
Intel cancelled the €30bn Magdeburg megafab in September 2024, citing a global chip demand slump and its own financial deterioration after years of manufacturing setbacks.Source: Background
How much money did Germany promise Intel for the Magdeburg fab?
Germany committed €10bn in state aid to the project; with Intel's cancellation that subsidy became irrelevant.Source: Background
What was the Magdeburg fab supposed to produce?
Intel's planned Magdeburg site was designed to manufacture advanced-node chips at nodes below 7nm, bringing leading-edge semiconductor production to continental Europe for the first time.Source: Background
Is the EU Chips Act still on track after Magdeburg?
The cancellation dealt a serious blow to the EU's 20% global chip production target; the ESMC Dresden fab is now the primary remaining large-scale advanced-node project in Europe.Source: Background

Background

Magdeburg is the capital of Saxony-Anhalt in eastern Germany and the site of Intel's abandoned €30bn advanced-node semiconductor megafab — the largest single foreign direct investment ever planned for Germany. The project, announced in 2022, received commitments of €10bn in German state aid and was positioned as the cornerstone of the EU Chips Act's ambition to double Europe's share of global semiconductor production. Intel cancelled the project in September 2024, citing a demand slump and its own financial deterioration, removing the single largest contribution to the EU's 20% chip-production target and dealing a blow to eastern Germany's economic transformation ambitions.