EU approves 920 mln euro German aid for Infineon chips plant
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The European Commission has approved a 920 million euro German state aid for Infineon to build a new semiconductor manufacturing plant in Dresden.
February 20, 2025 | 9:00 am
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Infineon receives EU approval for 920 million euro German state aid to construct a semiconductor plant in Dresden, enhancing its production capacity.
The approval of substantial state aid for Infineon to build a new plant is likely to positively impact its stock price as it signifies growth and expansion in semiconductor production, a critical industry.
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