Infineon Technologies AG will officially begin operations at its new Dresden semiconductor factory on July 2. The facility cost €5 billion, marking the company’s largest-ever single investment.
The project stands as the largest investment of its kind in Germany. It received approximately €1 billion in public funding through the European Chips Act. This legislation aims to increase the EU’s share of global chip production to 20% by 2030.
The facility will create up to 1,000 jobs. Production will focus on power chips and analog/mixed-signal semiconductors. This expansion targets rising demand from the automotive industry and AI data centers.
At full capacity, the factory is expected to generate €5 billion in annual revenue.