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CEO of Infineon, Jochen Hanebeck delivers his speech during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (R), Saxony's State Premier Michael Kretschmer (C) and CEO of Infineon Jochen Hanebeck (L) look at a circuit board during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (R), Saxony's State Premier Michael Kretschmer (C) and CEO of Infineon Jochen Hanebeck (L) look at a circuit board during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / dpa/Pool / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (R), Saxony's State Premier Michael Kretschmer (C) and CEO of Infineon Jochen Hanebeck (L) look at a circuit board during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (R), Saxony's State Premier Michael Kretschmer (C) and CEO of Infineon Jochen Hanebeck (L) look at a circuit board during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (R), Saxony's State Premier Michael Kretschmer (C) and CEO of Infineon Jochen Hanebeck (L) look at a circuit board during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (C), Saxony's State Premier Michael Kretschmer (L) and CEO of Infineon Jochen Hanebeck (R) pose with a commemorative plaque as they meet apprentices during the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)
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German Minister for Digitalization and State Modernization Karsten Wildberger (L) signs a commemorative plaque as Saxony's State Premier Michael Kretschmer (C Back) looks on as they meet with apprentices at the opening of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Robert Michael / POOL / AFP via Getty Images)


