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Infinion opens Germany's largest factory
Infineon Technologies announced the opening of its largest semiconductor factory in Dresden, Germany, on July 2, with an investment of 5 billion euros. The facility aims to support power chips for artificial intelligence data centers. The project contributes to the goals of the European Chips Act by increasing the bloc's share of global manufacturing to 20% by 2030. It also seeks to boost the company's annual revenues by approximately 5 billion euros as demand for AI data centers continues to grow. The company anticipates that its data center revenues will reach 2.5 billion euros by 2027.
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