EU Backs Infineon's €1.1 Billion GaN Chip Factory Upgrade in Austria

The European Commission approved €319 million in Austrian state aid for Infineon Technologies' €1.1 billion factory upgrade in Villach, Austria. This investment will establish the world's first high-volume facility for 300mm gallium nitride (GaN) power semiconductors, which are more energy-efficient than silicon chips. These advanced semiconductors are vital for smartphone chargers, electric vehicles, AI data centers, and renewable energy systems, boosting Europe's chip production capabilities.