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)

German Minister for Digitalization and State Modernization Karsten Wildberger (L) and Saxony's State Premier Michael Kretschmer(C Back) greet 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)

Infineon microcontrollers are pictured before the opening ceremony of the new Smart Power Fab of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on July 2, 2026. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Ronny HARTMANN / AFP via Getty Images)

An Intermediate Bus Converter (IBC), designed for AI Server architectures, is pictured before the opening ceremony of the new Smart Power Fab of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on July 2, 2026. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Ronny HARTMANN / AFP via Getty Images)

A 300mm wafer is pictured before the opening ceremony of the new Smart Power Fab of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on July 2, 2026. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Ronny HARTMANN / AFP via Getty Images)

The logo of German semiconductor manufacturer Infineon Technologies AG is seen at the company's plant in Dresden, eastern Germany, on July 2, 2026, prior to the official inauguration of the company's "Smart Power Fab". With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Ronny HARTMANN / AFP via Getty Images)

The logo of German semiconductor manufacturer Infineon Technologies AG is seen at the company's plant in Dresden, eastern Germany, on July 2, 2026, prior to the official inauguration of the company's "Smart Power Fab". With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Ronny HARTMANN / AFP via Getty Images)

This illustration photograph taken on July 2, 2026 shows the new upcoming Usernamer feature on US instant messaging software WhatsApp, displayed on a smartphone with the backdrop of India's national flag in New Delhi. (Photo by Manan VATSYAYANA / AFP via Getty Images)