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Germany is betting on the chip revolution: 5.5 billion euros for new plants!
The federal government is planning three new chip factories in Germany by 2035 to become a leader in chip production and AI.
Germany is betting on the chip revolution: 5.5 billion euros for new plants!
In a remarkable initiative, the... Federal Government, to establish Germany as a leading chip production location in Europe. The plan is to build three new chip factories with a total investment volume of 5.5 billion euros, with a focus on key areas of modern technology.
The government's ambitious plan primarily aims to promote development and production in microelectronics, which is essential for the energy transition, electric cars and the ever-growing importance of artificial intelligence (AI). As the daily news reports, this high-tech agenda, which is scheduled to be approved by the cabinet in July 2025, will also create incentives for the production of chips, equipment and intermediate products in Germany.
The priorities of the high-tech agenda
The use of the new funds is aimed at six key areas, including artificial intelligence, microelectronics, biotechnology and climate-neutral energy. This shows that the federal government wants to actively address the major challenges of the future. The planned goal is particularly exciting: by 2030, 10% of economic output should be generated using AI. daily news also highlights that companies like TSMC have already started building a chip factory in Dresden, which could further strengthen Germany as a location for innovation.
But not everything goes according to plan. There are setbacks, such as the US company Intel's temporary rejection of a plant in Magdeburg. The Wolfspeed company is also postponing the construction of a chip factory in Ensdorf. These ups and downs illustrate how challenging it is to implement such large-scale projects today.
Skilled workers: A key challenge
A major problem currently plaguing the European semiconductor industry is the shortage of skilled workers. Loud GTAI A demand gap of 75,000 employees is expected by 2030. To meet this challenge, training programs must be revised and made more practical in order to attract young people to careers in this exciting industry.
The EU has already taken measures with the European Chips Act to harmonize training and attract international talent. It is expected that bureaucratic hurdles will also be reduced so that more skilled workers from abroad can enter the industry. This is the only way Germany can sustainably secure its position as a technology leader in the European context.
In summary, it can be said that the federal government is pursuing big goals with its high-tech agenda. The planned chip factories and the associated investments could make Germany a cornerstone of the European semiconductor industry. It remains to be seen how the challenges of recruiting skilled workers and developments in the global technology landscape will be mastered.