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German chip maker Infineon will invest €1.1 billion in Austria to build the world's first high-volume 300 mm gallium nitride chip factory. Production is slated for late 2027, with state aid approved by the European Union of €319 million to support the European fight for chip independence.

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German chip maker Infineon will invest €1.1 billion in Austria to build the world's first high-volume 300 mm gallium nitride chip factory. Production is slated for late 2027, with state aid approved by the European Union of €319 million to support the European fight for chip independence.

German chip maker Infineon will invest €1.1 billion in Austria to build the world's first high-volume 300 mm gallium nitride chip factory. Production is slated for late 2027, with state aid approved by the European Union of €319 million to support the European fight for chip independence.

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