According to knowledgeable sources of the situation, negotiations between The Spanish government and Broadcom To build a chip factory In Spainone of the most advanced in Europe is broken. The alleged inaction of the new minister and the opposition of Donald Trump that American companies invest abroad, has been key for Broadcom to cancel the project.
In 2023, Broadcom, one of the most important semiconductor manufacturers in the world, and the Spanish government, reached an agreement for Build a chips factory in our countrythrough the aid provided by the Spanish belong, and the European Union.
He even talked about installing the factory in Zaragoza. But in 2024 the negotiations stagnated, and Trump’s electoral triumph has complicated everything.
Goodbye to the Broadcom chips factory in Spain
According to the media CapitalCharlie Kawwas, president of the Broadcom semiconductor solutions group, met with the president of the Government, Pedro Sánchez, in La Moncloa, in July 2023, and the statements were optimistic.
An investment of about 850 million euros was planned. But, throughout 2024, Broadcom’s interest went out, because negotiations did not advance. Óscar López, new minister of the Ministry for Digital Transformation, supposedly made no effort to resume them.
According to the sources consulted, the newly elected president, Donald Trump, allegedly hindered the agreement, as well as another joint-venture with another American company, which was also going to manufacture chips in Spain.
Broadcom It is a manufacturer of semiconductors based in San José (California), which has been in the sector since 1961.
It manufactures all types of chips that are integrated into millions of devices worldwide. Its Wi -Fi chips and network connections, processors with ARM architecture, optical technologies, Internet controllers, hard drive controllers, etc. are famous.
At the moment, Neither Broadcom nor the Spanish government have given an explanation about the state of the agreement to build the chips factory in Spain. Today almost all US investments abroad are paralyzed. This same week, Donald Trump has imposed 30% tariffs on the European Union.
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Tags: Artificial intelligence, industry, chip, hardware