EU: President Ursula von der Leyen on the new ESMC chips fab: €5bn boost for European tech & jobs - August 20, 2024

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The EU greenlights a massive €5 billion investment in ESMC's new chip factory in Dresden. This groundbreaking project will create over 11,000 jobs and solidify Europe's position as a global tech leader. It will produce high-performance chips for the automotive and industrial sectors, boosting Europe's supply chain resilience and digital sovereignty.

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