Infineon, Euro and Dresden

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.
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.
EC awards €1bn European Chips Act money for Infineon’s Dresden fab
Infineon has got EC approval for European Chips Act funding for its Dresden fsb. The award still needs sign-off from the Federal Ministry for Economic
Europe approves €920m grant for Infineon Dresden smart power fab
The European Commission has approved a €920m German aid measure to Infineon for its new semiconductor smart power fab in Dresden. The measure allows the company to complete the MEGAFAB-DD project and produce a wide range of chips. Work on the site started two years ago and is due to be completed in 2026.
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. 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,
Infineon Shares Surge After Guidance Raise, Better-Than-Expected Quarter
The stock jumped after the group raised its sales forecasts as it expects to benefit from a stronger U.S. dollar, while sales fell less than feared amid solid demand for AI chips.
Reuters19d
Infineon more positive on revenue outlook after Q1 stronger than expected
closing its first quarter slightly ahead of expectations," said Infineon CEO Jochen Hanebeck in a statement. The Munich-based manufacturer reported first-quarter revenue had fallen by 8% to 3.4 ...
The Star6mon
Malaysia boasts of chip clout as Infineon opens €7bil site
Infineon chief executive officer Jochen Hanebeck said that the new Kulim campus progressed ahead of its original schedule and it will become the world’s largest silicon carbide power ...