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    Home > Finance > Chipmaker NXP gets 1 billion euro loan from EIB for European projects
    Finance

    Chipmaker NXP gets 1 billion euro loan from EIB for European projects

    Published by Global Banking and Finance Review

    Posted on January 15, 2025

    2 min read

    Last updated: January 27, 2026

    Featured image depicting NXP chipmaker's announcement of a €1 billion loan from EIB, aimed at enhancing semiconductor R&D across Europe, including microchips and AI technologies.
    NXP chipmaker secures 1 billion euro loan from EIB for European projects - Global Banking & Finance Review
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    Quick Summary

    NXP secures a €1 billion EIB loan for R&D in Europe, enhancing semiconductor and AI tech across five countries.

    NXP Obtains €1 Billion Loan from EIB for European Projects

    NIJMEGEN, Netherlands (Reuters) - Netherlands-based computer chip maker NXP said on Wednesday it has secured a 1 billion euro ($1.03 billion)loan from the European Investment Bank (EIB) to support research and development projects in five European countries.

    The EIB, the European Union's long-term lending institution, said the loan was part of a investment programme it launched last year aimed at strengthening Europe's position in strategic technologies including microchips and artificial intelligence.

    NXP, one of the largest makers of semiconductors used in cars, said it would draw on the six-year loan facility, which carries a 4.75% interest rate, for projects in Austria, France, Germany, the Netherlands and Romania.

    Apart from the pure research and development of new power electronics devices, microprocessors and microcontrollers, NXP will also focus on the energy efficiency of its devices, it said in a statement.

    Europe must "remain an indispensable player in the value chains of critical technologies," EIB manager Robert de Groot said in a statement.

    "Semiconductors are key to the digital and green transitions."

    Earlier this month NXP announced a $625 million acquisition of Austria's TTTech Auto.

    ($1 = 0.9710 euros)

    (Reporting by Toby Sterling; Editing by Tomasz Janowski)

    Key Takeaways

    • •NXP secures €1 billion loan from EIB for R&D.
    • •Loan supports projects in Austria, France, Germany, Netherlands, Romania.
    • •Focus on energy efficiency and strategic technologies.
    • •Part of EIB's program to strengthen Europe's tech position.
    • •NXP recently acquired TTTech Auto for $625 million.

    Frequently Asked Questions about Chipmaker NXP gets 1 billion euro loan from EIB for European projects

    1What is the main topic?

    The article discusses NXP securing a €1 billion loan from the EIB to support R&D projects in Europe.

    2What is the purpose of the EIB loan?

    The loan aims to enhance research and development in strategic technologies like semiconductors and AI.

    3Which countries are involved in NXP's projects?

    NXP's projects will be conducted in Austria, France, Germany, the Netherlands, and Romania.

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