Commission approves €623 million German grant to two chipmakers

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German subsidies for global foundries in Saxony approved Dresden, December 11, 2025. The European Commission has approved German special subsidies for the expansion of global foundries (Glofo) chip factory in Dresden. This is shown by communications from the semiconductor contractor and the EU. 45 % of the 1.1 billion investment is ultimately financed by the taxpayer According to this report, the federal government is allowed to grant a total of…

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Brussels - Germany is allowed to support the construction of two chip factories with state aid totalling 623 million euros.The European Commission approved the funding for the projects in Dresden and Erfurt, as the authority in Brussels reports.According to the plans, the company GlobalFoundries is expected to receive around 495 million euros to expand its Dresden location, where semiconductors for aerospace, defense and critical infrastructure …