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Germany , Thursday 16 July 2026

EU backs German investment of €659 million in semiconductor plants

Published on: Monday 13 July 2026

EU backs German investment of €659 million in semiconductor plants The European Commission on Tuesday gave approval for Germany to provide €659 million ($750 million) in state aid to support the establishment of four semiconductor facilities. "By backing innovations in semiconductors, we are strengthening our technological sovereignty and Europe's competitiveness," Teresa Ribera, the relevant commissioner said.


News source: https://finance.yahoo.com/technology/articles/eu-backs-german-investment-659-111836666.html

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