Infineon to open German chip fab as part of EU sovereignty push

Christina Kyriasoglou / Bloomberg06-12

Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of EU subsidies, as the bloc seeks to boost chip production. BERLIN (June 12): ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2643929791?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-12 06:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2643929791","market":"nz","top_or_hot":-1,"title":"Infineon to open German chip fab as part of EU sovereignty push","media":"Christina Kyriasoglou / Bloomberg","content":"<div>\n<p>Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of EU subsidies, as the bloc seeks to boost chip production. BERLIN (June 12): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/tech/infineon-open-german-chip-fab-part-eu-sovereignty-push?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Infineon to open German chip fab as part of EU sovereignty push</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInfineon to open German chip fab as part of EU sovereignty push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-12 06:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/tech/infineon-open-german-chip-fab-part-eu-sovereignty-push?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Christina Kyriasoglou / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of EU subsidies, as the bloc seeks to boost chip production. BERLIN (June 12): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/tech/infineon-open-german-chip-fab-part-eu-sovereignty-push?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IFNNY","symbol_name":"Infineon Technologies AG","start_time":0,"source_url":"https://www.theedgesingapore.com/news/tech/infineon-open-german-chip-fab-part-eu-sovereignty-push?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2643929791","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/tech/infineon-open-german-chip-fab-part-eu-sovereignty-push?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643929791","pubTimestamp":1781218213,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of EU subsidies, as the bloc seeks to boost chip production. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IFNNY":"Infineon Technologies AG","BK4141":"半导体产品"},"translate_title":"英飞凌将在德国开设芯片工厂，作为欧盟主权推动的一部分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IFNNY":1.98},"content_text":"Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of EU subsidies, as the bloc seeks to boost chip production. BERLIN (June 12): Infineon Technologies AG is preparing to open its largest single investment, a €5 billion (US$5.8 billion or $7.43 billion) semiconductor factory built with the help of European Union subsidies, as the bloc seeks to boost chip production. \nThe power chip fab, which is an extension of the German company’s Dresden campus, will open on July 2, chief operating officer Alexander Gorski said this week at the site. The project is a major recipient of EU Chips Act funds and received about €1 billion in subsidies. \nThe new plant represents a rare success for the bloc’s flagship semiconductor law, which was drawn up during Covid-era hardware shortages with the goal of doubling the EU’s share of chip production to 20% by 2030. However, the act has fallen short of its ambitions and key projects, such as a cutting-edge fab operated by Intel Corp in the German city of Magdeburg, were called off despite generous subsidies. \nBrussels has drafted a new version of the act this year in a fresh attempt to bolster investment in the sector. The effort is a pillar of the EU’s technology sovereignty strategy, a plan to reduce the continent’s dependencies on Chinese and US technologies by investing in local champions and favouring EU-made tech products such as chips or cloud services over foreign alternatives.\nInfineon, traditionally a chipmaker for the automotive industry, has increasingly benefited from soaring demand for power chips used in AI data centres, which will be produced at the new facility. \n“The AI data centres currently being built and planned around the world will consume twice as much electricity in 2030 as they do today,” Gorski said. “That’s as much as the entire Federal Republic of Germany.”\nChip production at the Dresden fab will be scaled over time depending on demand, potentially adding as much as €5 billion in revenue per year, Gorski said, declining to comment on when full capacity will be reached. The company has invested around €2 billion on construction and the remaining amount will be spent over time to add more machines to the fab, he added.\nThe new facility is “a key catalyst”, Bank of America analysts including Didier Scemama wrote in a note last week. Demand from Al customers is materially above Infineon’s current capacity, they said, adding the imbalance could improve in the 2027 and 2028 financial years. The analysts raised their Al power revenue forecast for the company by €500 million to €4.5 billion for 2028.\nInfineon expects data centre-related revenue to rise from around €1.5 billion in fiscal 2026 — roughly 10% of sales — to €2.5 billion in 2027, it said last month. \nInfineon shares rose 2.6% on Thursday to €77.06 and have more than doubled this year.\nThe hundreds of billions of dollars being invested in AI are driving the rapid expansion of data centre capabilities around the world. Infineon doesn’t produce advanced AI chips, like those designed by Nvidia Corp. But the power semiconductors it plans to produce in Dresden are still needed for AI infrastructure.\nAs the spending boom lifts the fortunes of companies even tangentially linked to AI, some investors fear a bubble while others clamour to get a piece of the action. Elon Musk’s SpaceX — which includes xAI, its satellite business and the X social network — is preparing for a record initial public offering this week that would value the company at about US$1.8 trillion ($2.31 trillion). OpenAI and Anthropic PBC, two leading generative AI startups, are also preparing to list. However, some planned data centre projects have failed to materialise. \n“Investments in building AI data centres are real investments,” Gorski said. Major tech companies are investing more than US$700 billion in such projects this year and Infineon is “seeing very strong growth here”, he added.\nUploaded by Chng Shear Lane","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643929791","isCrawlerRequest":true}