Intel recently announced its plan to delay the construction of two mega chip-making factories in Germany and Poland. The chip maker attributed its decision to a lower demand for its chips than earlier anticipated.

US chipmaker Intel is halting plans for new factories in Germany and Poland amid financial troubles, in a blow to the EU efforts to build up domestic chipmaking capacity.

The financial difficulties faced by tech giant Intel seem likely to hit its operations in a number of regions, including Poland and Malaysia, with delays likely for chip-related operations in both countries.