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Germany Clears Way for AMD Chip Plant in Dresden

by - source: Tom's Hardware

Germany has agreed to provide state guarantees to Advanced Micro Devices, clearing the way for the U.S. semiconductor maker to erect a new high-tech plant in the eastern city of Dresden, officials said on Tuesday. "The formal announcement of the expansion plans by Advanced Micro, a 34-year-old company headquartered in the heart of Silicon Valley, could come as early as Thursday, when AMD has scheduled a press conference with top executives in Dresden."

Story from Reuters

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