The European Commission has approved over 7.4 billion zlotys ($1.91 billion) in state aid for Intel's new chip assembly and testing plant in Poland, a crucial advancement for the project's completion. This investment, totaling over 25 billion zlotys, is set to span from 2024 to 2026, with the Polish government aiming to finalize the deal by the year's end. The facility, located near Wroclaw, is expected to create around 2,000 jobs and bolster both economic development and security in Poland. Deputy Prime Minister Krzysztof Gawkowski emphasized the significance of this investment as the largest in decades for the country. Intel's plans align with the European Chips Act, which aims to enhance Europe's share of the global semiconductor market to 20% by 2030. Despite ongoing cost-cutting pressures, officials have expressed confidence in moving forward without delays.