EU

Infineon plans to open a €5B chip factory in Germany backed by EU subsidies, its largest single investment, on July 2 as Europe seeks to boost chip production

Infineon Technologies AG is preparing to open its largest single investment, a €5 billion ($5.8 billion) …

UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment

Kembara, a technology growth fund backed by the European Union, made its first investment, supporting a British startup that builds quantum computers running on silicon chips.

Infineon expects data center revenue to grow from ~€1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand