Germany's Infineon opens major chip plant as EU seeks tech autonomy

Friday, July 3, 2026 - 20:18
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German semiconductor giant Infineon opened a five-billion-euro ($5.7 billion) microchip plant Thursday, as Europe seeks to bolster its high-tech autonomy. "We all want to further strengthen Europe's position as a semiconductor hub," Infineon CEO Jochen Hanebeck said at the opening ceremony.

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