October 27, 2026StocksTechnology·Bullish·corporate
Infineon to invest €1.1 billion in gallium nitride production in Villach, backed by €319 million in European Chips Act funding
Infineon Technologies is investing approximately €1.1 billion through 2034 to build what it describes as the world's first high-volume production facility for gallium nitride (GaN) power semiconductors at its Villach, Austria site. The project targets demand from AI data centers, energy infrastructure and electromobility, and is supported by €319 million in funding under the European Chips Act.
Detected & updated continuously · Source: Nebula
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Infineon