Mmastodon TechnologySemiconductors first seen 7 d ago, last 5 d ago, peak #2
Infineon to invest €1.1bn in Austrian chip plant
Original: 🇪🇺 🇦🇹 More power-chip production in Europe: Infineon plans €1.1bn for Villach through 2034, with production due to start
Infineon is committing €1.1 billion to expand its Villach site in Austria, with new production of gallium nitride power chips due to start by the end of 2027 and investment running through 2034. The chips cut energy lost as heat in uses like data centres and electric vehicles. The move is being read as a boost for European semiconductor capacity and research as the EU pushes to grow domestic chip production.
Why now: Europe's push to expand domestic semiconductor manufacturing makes new large-scale chip investments timely news.
InfineonVillachAustriaEuropean Union
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