EU approves 920 million euro German aid for Infineon chips plant
Published by Global Banking & Finance Review®
Posted on February 20, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking & Finance Review®
Posted on February 20, 2025
1 min readLast updated: January 26, 2026

The EU approved a €920 million German state aid for Infineon's semiconductor plant in Dresden, enhancing chip production capabilities.
BRUSSELS (Reuters) - The European Commission approved a 920 million euro German state aid to Infineon for the construction of a new semiconductor manufacturing plant in Dresden, it said in a statement on Thursday.
The measure will allow Infineon to complete the MEGAFAB-DD project which will be able to produce a wide range of different types of chips, the Commission added.
(Reporting by GV De Clercq, Editing by Charlotte Van Campenhout)
The main topic is the EU's approval of €920 million German aid for Infineon's semiconductor plant in Dresden.
This aid is significant as it supports the construction of a new semiconductor plant, boosting Europe's chip production.
The MEGAFAB-DD project is Infineon's initiative to build a semiconductor plant in Dresden, producing various types of chips.
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