EU approves $960 million in German aid

EU approves 920 million euro German aid for Infineon chips plant
The European Commission said on Thursday it had approved a 920 million euro German state aid to Infineon for the construction of a new semiconductor manufacturing plant in Dresden.
EU approves EUR 920M German aid for Infineon chip plant
The European Commission has approved, under EU State aid rules, a EUR 920M German aid measure for the construction of a new semiconductor
EU approves funding for Infineon's Dresden fab under European chip incentive
According to Infineon's press release, the European Commission has approved funding for Infineon's Smart Power Fab in Dresden under the European Chips Act, with expected approval from Germany's Federal Ministry for Economic Affairs and Climate Action in the coming months.
Brussels signs off on German subsidies for Infineon microchip plant
The European Commission on Thursday signed off on German plans for €920 million ($960 million) in subsidies for the construction of an Infineon microchip factory in the eastern city of Dresden. European Commission approval was required for the subsidies because of the EU's single market regulations,
Infineon gets EU nod for €920M German aid for chip facility
The European Commission has approved a €920M German aid to Infineon Technologies (OTCQX:IFNNY) (OTCQX:IFNNF) to help build a new semiconductor manufacturing plant in Dresden. The measure will allow Germany-based Infineon to complete the MEGAFAB-DD project which will be able to produce a range of different types of chips,
Infineon's German Chip Plant Gets EU Approval for $959 Million Subsidy
Semiconductor company Infineon will receive up to 920 million euros ($959 million) from Germany to build a factory in Dresden after the European Commission approved the state aid.
business-reporter.co.uk18d
Infineon more positive on revenue outlook after Q1 stronger than expected
FRANKFURT (Reuters) - German chipmaker Infineon slightly revised up its full-year revenue outlook on Tuesday due to expected currency effects after a fall in fiscal first-quarter revenue was not as ...
The Star3y
Chip supply situation 'still difficult' - Infineon CEO
BERLIN (Reuters) - Strains in the semiconductor supply chain have worsened in some areas ... the head of Germany's Infineon said. The ability of chipmakers to add capacity is limited, while ...
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Intel, Qualcomm, and others form Ambient IoT Alliance to drive battery free IoT innovation
Intel, Qualcomm, PepsiCo, and others form the Ambient IoT Alliance to drive battery-free, energy-efficient IoT solutions for ...
Yahoo Finance22d
Infineon Technologies AG (IFNNY) Reports €15 Billion Revenue for FY 2024, Focuses on AI-Driven Innovation Across IoT, Automotive, and More
In this article, we are going to take a look at where Infineon Technologies AG (OTC:IFNNY) stands against Morgan Stanley's other European AI stocks. In August last year, investment bank Morgan ...