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Infineon will open a $5.8 billion power-chip fab in Dresden on July 2, backed by $1.1 billion in EU Chips Act subsidies. The plant produces power semiconductors for AI data centers and could eventually add $5.8 billion in annual revenue as AI infrastructure strains global electricity systems.

Infineon Technologies will open its €5 billion Smart Power Fab in Dresden on July 2, the company's largest single investment. The factory, backed by €1 billion in EU Chips Act subsidies, will produce power semiconductors for AI data centers, electric vehicles, and renewable energy systems. It opens three months ahead of schedule.
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