Intel Manager To German Newspaper SZ, Says 'Intel Does Not Need Industrial Power Price In Germany'
Portfolio Pulse from Happy Mohamed
An Intel manager has stated to German newspaper SZ that Intel does not require industrial power price in Germany.

September 05, 2023 | 1:45 pm
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Intel's operations in Germany are not dependent on industrial power prices, according to a company manager.
The statement from the Intel manager suggests that the company's operations in Germany are not significantly impacted by fluctuations in industrial power prices. This could mean that Intel has other means of power supply or that its operations are not heavily energy-dependent. This is neutral news for Intel as it does not directly impact its financial performance or stock price.
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