On Monday at 1245 GMT, the German government planned to sign an agreement with Intel, which would mark the end of negotiations regarding the construction of a new chip-manufacturing facility in Germany.

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Last week, the Handelsblatt newspaper for business stated that the American corporation is anticipated to obtain 9.9 billion euros (which is equivalent to $10.84 billion) in financial assistance, an increase from the previously agreed-upon amount of 6.8 billion euros.