What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.
Text: Intel on Tuesday picked Germany as the main site for a 17-billion-euro chip factory, the first details of its planned $88 billion investment in Europe, as the region scrambles to boost output and resolve a supply crisis that has dogged the car industry.
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moderately positive
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