They all rushed to Dresden on that spring day at the beginning of May: Chancellor Olaf Scholz, Economics Minister Robert Habeck, EU Commission President Ursula von der Leyen and a few more. They wanted to be there when big things were announced here on the Elbe: The Munich chip company Infineon wants to build a new semiconductor factory next to its existing production facility in record time and spend a total of five billion euros on it – one billion euros of which will be taxed by the state. “We need semiconductors, a lot of semiconductors, semiconductors and more semiconductors,” Scholz said at the time.
Climate and transformation fund: The chip industry fears for billions – economy
