Infineon to invest €1.1bn in Austrian plant for gallium nitride chips

Infineon announced a €1.1 billion investment in its Villach, Austria facility to produce power chips made from gallium nitride. The company claims the plant will be the world's first to manufacture these chips in large volumes on 300mm wafers. Power chips regulate electrical flow in consumer devices ranging from chargers to larger equipment. The investment underscores the growing demand for efficient power management semiconductors.

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